Indian Rupee

May 25, 2019, 11.06 AM IST
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Fuel prices witness fresh hike

In Mumbai, petrol prices crossed Rs 90-run mark with the fuel being sold at Rs 91.20 per litre. The diesel price is Rs 79.89 per litre, increased by Rs 0.17.

Easing tensions between RBI, government positive for INR assets: DBS

INR bonds have retained recent gains but struggled to make further headway.

Rupee opens 20 paise up at 71.47 against dollar

The local currency advanced 26 paise to 71.67 against the US currency on Tuesday.

Taking positions on currency movements through futures

An equity trading account with a brokerage firm is sufficient to access this segment.

Mentha oil up in morning trade

MCX Mentha Oil was up 1.29 per cent at Rs 1709.90 per 1 kg at around 10.30 am (IST).

Rupee rally earns Indian market tag of best performer

In dollar terms, India has been the best-performing market in the past three months.

Stock market update: IT stocks mixed; Infosys up, but TCS down

The Nifty IT index was trading with a tepid gain of 0.36 per cent at 16,107 around 11:25 am.

Short positions on most Asian currencies drop; dollar momentum seen waning: Poll

Bearish bets on the Singapore dollar, Taiwan dollar and the Philippine peso declined over the past two weeks.

RBI likely sold dollars to keep rupee from reaching 72

The rupee quickly reversed some of its losses today and was trading at 71.86 to the dollar.

Stock market update: Nifty Pharma top sectoral gainer; Cadila jumps 4%

The Nifty Pharma index was trading 1.98 per cent up at 10,321.1 around 11 am, with all components in the green.

Share market update: Pharma stocks rise on rupee's fall; Cadila, Sun Pharma among top gainers

The Nifty Pharma index was trading 0.81 per cent up at 10,089.8 around 12:11 pm.

Prices of TV, home appliances may go up 7-8 per cent from next month

Panasonic India is set to increase the prices of its products by up to 7 per cent, while some others players have already increased it.

Prices of TV, home appliances may go up 7-8 per cent from next month

According to CEAMA, in some segments like TV and AC, there was de-growth in volumes, while refrigerator sales were almost flat.

Most Asia currencies inch up on dollar slip; rupee biggest gainer

​​ Both the Thai baht and the Korean won strengthened as much as 0.3 per cent.

Petrol, diesel continue to touch new height

As per India's pricing mechanism, the domestic fuel prices depend upon the international fuel prices on a 15-day average and the value of the Indian rupee.

LIC open to taking part in IL&FS rights issue

The insurer might also look at raising its equity stake in IL&FS, subject to regulatory permission, V.K. Sharma said.

Sensex jumps over 50 pts, Nifty50 nears 11,100; DHFL up 2%

The rupee on Thursday opened 20 paise higher at 72.41 against dollar.

Asia Index launches S&P BSE Private Banks Index

The S&P BSE Private Banks Index is drawn from the constituents of the S&P BSE Finance Index.

Cotton spinners record healthy recovery in profits as export demand surges

Notwithstanding the volatility in Indian rupee against the US dollar during the current year, the sharp rupee depreciation between July and October 2018 also supported spinners’ INR realisations and hence contribution margins.

Leisure travellers turning to nations facing currency fall

Over the last few months, there has been a weakening of South African Rand by 10%, Turkish Lira by over 60% and Indonesian Rupiah by 4-5%.

Rupee drops 27 paise against dollar, ends below 70 level for the first time

The rupee has been under the pressure in the past few sessions due to big meltdown in the Turkish lira.

Inflation, depreciation of rupee results of BJP's 'wrong policies': Sachin Pilot

"The BJP came to power on the promise of controlling inflation but despite favourable global conditions nothing was done by the government," Pilot said.

Appliances, consumer electronics should be excluded from FTAs to boost domestic manufacturing: Report

The report has asked the government to not cut or eliminate import duties in this sector under the proposed mega trade deal Regional Comprehensive Economic Partnership (RCEP).

Q3 earnings, macro data, crude price to guide stock market in week ahead

Sensex advanced 315 points or 0.88% and Nifty inched up 68 points or 0.63% last week.

Double blow to rupee quells revival hope for worst Asia currency

Bank of America Merrill Lynch is also predicting short-term weakness for the rupee.

Check out all the bulk deals from Monday's session

The BSE Sensex sank 224.33 points to end near two-week low of 37,644.90, while the Nifty crack below the 11,400-mark.

ADB retains India FY19 growth forecast at 7.3% despite downside risks

India is maintaining growth momentum on rebounding exports and higher industrial and agricultural output, ADB said in its Asian Development Bank Outlook Supplement.

Share market update: IT stocks rise on rupee's fall; HCL Tech, Tech Mahindra top gainers

Weak Asian peers offered no hope, while Indian rupee extended its fall against the US dollar.

What changed your markets while you were sleeping

Let's take a look at what might matter on D-Street today.

Diversify geographically using international funds

Indians are increasingly opting for international holidays, children are going abroad for higher education. Given this it makes sense to diversify geographically.

Rupee opens 4 paise down at 72.55 against dollar

On a year-to-date basis, the local currency has plunged over 13 per cent so far.

Fall of rupee: Chidambaram says still looking forward to BJP's 'achhe din'

Continuing its free fall for the fourth straight session, the Indian rupee yesterday hit a record closing low of 68.79, showing a fall of 18 paise against the US dollar.

Handset prices may go up on weak rupee

Queries sent to Samsung, Oppo and Vivo were not answered till press-time Monday. According to Counterpoint estimates, October was a record month in terms of sales, contributing to 60% share.

Sigh of relief for citizens as fuel prices witness further reduction

Fuel prices have been soaring since the past few months in the country, burning a hole in commuters' pockets.

Petrol prices cut by 39 paise in Delhi, diesel goes down 12 paise

The petrol price in Delhi was revised to Rs 81.99 per litre after a decrease of 39 paise, while that in Mumbai was Rs 87.46 per litre after a 38 paise reduction.

Mindtree sees biggest drop in over 7 years as brokerages cut PT

The IT firm's stock marks biggest intraday pct loss since Sept 2011.

Mentha oil prices down in morning deals

The commodity on MCX was down 0.29% at Rs 1,710 per 1 kg at around 10.25 am (IST).

Rupee will remain vulnerable till Turkey sets house in order

The problem is most of emerging markets debt is dollar denominated.

Rupee skids 13 paise to 73.61 against US dollar

The US dollar strengthened against its rivals ahead of the Federal Reserve's release of minutes.

Muted Diwali for edible oil sector as demand falls

Traders said the edible oil market is price sensitive and reduction in price of any oil has an effect on other edible oils.

Ind-Ra maintains stable outlook for cotton and synthetic textiles

Ind-Ra expects the overall credit profile of the sector to gradually improve, as expected by the agency in February 2018.

Companies with hedges can endure 10% more fall in rupee

The rupee fell on Monday to a historic low of Rupee 72.67 per dollar.

Share market update: Top Nifty gainers and losers of Friday's session

The Nifty index gained 125 points, or 1.18 per cent, to end the day at 10,714.

Stock market update: 10 stocks hit 52-week highs on NSE

The Nifty index gained 125 points, or 1.18 per cent, to end the day at 10,714, with 40 stocks in the green and 10 in the red.

Share market update: IT stocks up 1%; NIIT Technologies surges 4%

Infosys, Tata Consultancy Services, HCL Technologies and Oracle Financial Services Software, too, were among the top performers.

Rupee nosedives 67 paise to 73.12 against dollar

On Friday, the rupee clocked its biggest single-day gain in over five years.

S&P places Tata Motors' long-term rating on 'CreditWatch' with negative implications

Total revenue from operations rose 3.3 per cent to Rs 72,112.08 crore.

Over 120 stocks defy positive market mood, hit 52-week lows

However, nearly 30 stocks hit 52-week highs on BSE.

Ask the travel expert: Tourists can carry Indian currency in Bhutan, except Rs 2000 note

Don't forget to take a Government ID proof, preferably Passport or a Voter's ID, to enter Bhutan.

Mentha oil feels profit booking heat, drops 2.5%

The prices dropped as much as 2.50 per cent at Rs 1,667 per kg in a business turnover

Share market update: Over 15 stocks hit 52-week highs in a weak market

Heavy losses in bank, financial, FMCG and oil & gas counters dragged Sensex and Nifty down.

Share market update: Wipro, Infosys, HCL Tech drag Nifty IT index down

The Nifty IT index was trading 0.61 per cent down at 15,276.

Market Movers: Drop in Nov GST collection, Trump calls meet on shutdown, Modi confident of 2019

GST collection dropped to Rs 94,726 crore in December 2018, lower than Rs 97,637 crore collected in the previous month.

What changed your markets while you were sleeping

Asian shares crept cautiously higher on the first trading day of the new year.

Rupee volatility leaves Indian stocks on shakier ground

There are 28 companies in the BSE 500 index where FPIs have raised their stakes by more than 10 per cent.

Market Movers: Bank NPA bottoms out, new GST rates take effect, core sector growth slows

The net NPAs ratio also witnessed a fall at 5.3 per cent in September 2018.

Stock market update: IT stocks fall up to 3%; Wipro, TCS, Infosys suffer

The Nifty IT index was trading 2.01 per cent down at 15,278.

What is Shankar Sharma betting on to create wealth in this bearish market

“You need a serious bear market to create big wealth,” said Sharma.

What’s in it for India in $75 billion currency swap pact with Japan

Subhash Garg said the agreement was one of the largest swap arrangements in the world.

Dharmendra Pradhan blames "isolated" American policies for fuel price rise

Petrol and diesel prices hit an all-time high in four metros across the country today, crossing the previous peak reached on May 29.

Millennial voters are the face of Asia 2019

Half – 400 million in India - are from the millennial generations. Young voters are likely to vote for jobs.

Rahul Gandhi says Rupee not breaking, is broken

Gandhi Wednesday hit out at Prime Minister Narendra Modi questioning his silence over the falling value of the Indian Rupee.

Share market update: IT stocks crack; Infibeam Avenues plunges over 9%

The Nifty IT was trading 2.57 per cent down at 15,501 around 12:45 pm.

IFC extends Rs 1,000 cr green loan to Aditya Birla Finance

ABFL would use the proceeds to finance renewable energy projects and help the country move towards its target of 175 GW of renewable energy capacity by 2022.

Mentha oil trades lower in morning trade

MCX Mentha oil price was down 0.86 per cent at Rs 1,658 at around 11 am (IST).

Stock market update: Over 170 stocks hit 52-week lows on NSE

Domestic equity market was radiating bearish sentiment in Wednesday's session amid weak global cues and rupee's fresh fall against the US dollar.

Share market update: Check out the stocks that plunged up to 10% in a weak market

Sustained capital outflow, surging crude oil prices and rupee's poor health weighed on market sentiment.

Worries are easing, but stocks to remain jittery till year end

RBI and the government are now aligned to lubricate the economy with liquidity.

Recovery in Bharti Airtel's India ops remain crucial, stake sale in Africa arm will reduce debt:S&P

S&P said it expects the company's India wireless business to stabilise and return to growth over the next 12-18 months.

Stock market update: IT stocks rise amid rupee's fall; Infibeam, TCS among top gainers in Nifty IT pack

The Nifty IT index was trading 1.31 per cent up at 16,045 around 10:45 am.

Share market update: Over 30 stocks touch 52-week highs in a dull market

The NSE Nifty index was trading 12 points down at 11,571, while the BSE Sensex was down 47 points at 38,290 around 12:05 pm.

No relief on fuel prices hike

While petrol has touched Rs 83.40 (increase by Rs 0.22) per litre, diesel too is being sold at a historic high of Rs 74.63 (increase by Rs 0.21) per litre in New Delhi.

IT sector funds are returning as high as 65% returns. Should you invest?

The technology sector funds are offering eye-popping returns in the last one year.

Ram temple not poll issue, but a matter of faith: Shahnawaz Hussain

"All Indians want the temple to be constructed. It is not an electoral issue, but a matter of faith for the BJP," he said at the 'Mumbai Manthan' conclave organised by television news channel Aaj Tak.

Market Movers: New farm package, royalty curbs for India Inc & FIIs gung-ho on India

India is the second-most preferred equity investment destination among the EMs in '19.

Flying out of Delhi airport to be costlier from December 1

The revised charges would be applicable from December 1. The hike in charges is expected to have a minimal impact on average domestic fares, experts opined.

Share market update: IT stocks trade mixed; TCS down, but Tech Mahindra, Infosys rise

The Nifty IT index was 0.36 per cent down at 15,961 around 1 pm.

Stock market update: Sensex, Nifty trade higher; these stocks jump up to 9% on NSE

The rupee on Thursday opened 20 paise higher at 72.41 against dollar.

Stock market update: IT stocks crack; HCL Tech, Wipro among top losers

The Nifty IT was trading 1.76 per cent down at 15,950 around 02:20 pm.

Stock market update: Nifty IT bucks the trend, jumps over 2%

The Nifty IT index was trading 2.3 per cent up at 16,198 around 01:05 pm.

‘Trade war between US and China helping India boost its exports’

But the Indian rupee may weaken further if the US government goes ahead with more fiscal cuts to boosts its economy.

Stock market update: Top Nifty gainers and losers of Thursday’s session

The Nifty50 fell for 50 points, or 0.44 per cent, ending the day at 11,385, with 20 stocks in the green and 30 in the red.

Share market update: These stocks surge over 10% on NSE on Friday

Factors including a recovery in Indian rupee, easing global crude oil prices and firm global cues supported the rally.

Stock market update: Check out the most traded stocks of Friday's session

Factors including a recovery in Indian rupee, easing global crude oil prices and firm global cues supported the rally.

Share market update: 185 stocks buck the bullish mood of market, hit 52-week lows

A tepid slump in the global crude oil prices also influenced the sentiment.

Falling rupee gives 'supreme leader' a vote of no-confidence: Rahul Gandhi

The rupee crashed below the 70-mark in early trade to touch an all-time low of 70.10 against US dollar, a day after bloodletting in global markets.

Government seeks closer supervision over RBI

Modi govt has proposed changing rules that will enable closer supervision of the central bank, sources say.

Market Movers: Fed likely to hold rates, gold at 8-month & India rated less corrupt

A lowdown on top macro triggers that may move market on January 30, 2019.

Sensex gains 300 pts, Nifty above 11,300 on firm global cues, rupee recovery

Asian stocks extended gains on Friday after Wall Street's S&P 500 set a new all-time high.

As offshore markets hold sway over USD-INR, rupee seeks to break free

The first moves began with the introduction of current account convertibility in 1994.

Asia's central banks have almost no reasons to hike rates in 2019

A depressed growth outlook will weigh on inflation, diminishing the argument for rate hikes.

Top intraday trading ideas for afternoon trade for Wednesday, 19 September 2018

BPCL is a 'Buy' call with a target price of Rs 372 and a stop loss of Rs 352.

Stock market update: OMCs rise; ONGC, GAIL, BPCL top gainer

The BSE Oil & Gas index was trading 1.19 per cent up at 14,858 around 11:15 am.

Global factors to be blamed for rupee depreciation: FM

Indian rupee on Monday plunged 67 paise to end at 72.51 against the US dollar.

Flipkart eyes stake in Star's Hotstar

Flipkart, which is battling Amazon to dominate e-comm segment, now eyeing the video streaming services.

Gold imports drop 14% on weak rupee in Sept: GFMS

The drop in demand from Indian importers could weigh on global prices.

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