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Rupee opens 66 paise up at 74.49 against US dollar

US Treasury bonds yields fell modestly morning after weekly applications for unemployment benefits surged to an all-time high.

Where can a weak rupee hurt the most?

The rupee has hit a new low and the outlook for the near term remains bleak despite weak crude oil prices. Some analysts expect it to drop as low as 80 against the US dollar. Is it possible? How long will this pain last and which sectors will get hit the most. Take a look:Where can a weak rupee hurt the most?

Rupee opens 20 paise up at 76.09 against dollar

Continued fund outflow could disturb the overall sentiment in the market as it is not only restricted to the equity segment but also the debt segment.

People avoiding big positions due to fear: Bhaskar Panda

According to the executive vice president of HDFC Bank, when fear takes over, it is very difficult to say what level will hold and it is very difficult to take any position.

Rupee hits record low, slips below 75-mark against US dollar

The domestic unit depreciated nearly 80 paise to record low of 75.02 per dollar against the previous close of 74.23.

Can RBI's liquidity tools really save India from virus hit?

The coronavirus scare has left investors in a tight spot. What kind of a hit will it have on the economy? Will RBI cut policy rate and will such a move help the economy stave off this crisis? Let's find out.Can RBI's liquidity tools really save India from virus hit?

Robust intervention by RBI saves the day for the rupee

The central bank is estimated to have sold about $1.5 billion, one of the largest interventions lately, four people with direct knowledge of the matter told ET.

Rupee rebounds 48 paise to 73.80 a dollar on RBI assurance

In the current month so far, FPIs have pulled out a whopping Rs 37,954 crore (USD 5.14 billion) from Indian capital markets.

Rupee reclaims lost ground, spurts 36 paise in mid-session

In the current month so far, FPIs have pulled out a whopping Rs 33,163 crore (USD 4.46 billion) from Indian capital markets.

Rupee plunges to 17-month low of 74.17 against US dollar

At the interbank foreign exchange market, the local currency opened at 73.99. During the day, it moved northward, though briefly, to touch a high of 73.85.

Rupee does U-turn, rises 23 paise to 69.35 against US dollar

On Friday, the rupee had settled at 69.58 against the US dollar.

Rupee rises 5 paise to 71.60 against US dollar in early trade

The 10-year government bond yield was at 6.34 per cent in morning trade.

The Indian rupee is getting crushed by its own central bank

Re is the worst performer in emerging Asia this quarter and that’s because RBI is mopping up dollar, analysts say.

Rupee ranks among top 5 EM currencies

The Mexican peso has taken the top slot, gaining 1.2 per cent against the greenback.

Rupee opens 3 paise up at 71.30 against dollar

The domestic unit continued to trade in a narrow range on Thursday but came under pressure in the latter half of the session following the release of weaker-than-expected economic data.

Rupee opens 7 paise lower at 71.27 against dollar

“Today, USDINR pair is expected to quote in the range of 71.05 and 71.50,” Motilal Oswal Financial Services said.

Rupee opens 30 paise down as Union Budget disappoints market

In the Union Budget, the Finance Minister announced that the fiscal deficit for the current fiscal year could widen to 3.8 per cent compared to previous estimates of 3.3 per cent.

Rupee slips 12 paise to 71.74 against dollar

Rupee finally settled at 71.74, lower by 12 paise against its previous close.

Rupee trips for 4th day, down 10 paise at 71.21

Weaker greenback overseas and easing crude oil prices helped the rupee restrict its losses to some extent.

Brokerages find TCS valuations expensive post Q3 results; stock falls 2%

Kotak Institutional Equities maintained ‘Reduce’ rating on TCS with a fair value of Rs 2020. However, it said that TCS is a must have in the portfolio at the right valuation. Edelweiss Securities maintained ‘Hold’ rating on the stock with a target price of Rs 2,175. “The stock’s expensive valuation (22.9x FY21E EPS) compels us to retain ‘Hold’,” the brokerage house said.

Cheaper loans for exporters in the works

The commerce department has proposed giving rupee credit to exporters at around 7.5% rate of interest and dollar-denominated loans at around 3.5% under the proposed scheme. It will soon take a proposal to the cabinet.

View: Rupee likely to extend fall as US-Iran tensions ease

​​The biggest shockwave was a rise in crude oil prices as Brent crude shot up by more than $3 per barrel.

Gold slides by Rs 80, silver falls Rs 200

Gold prices fell by Rs 80 to Rs 40,554 per 10 gram

Infosys Q3 earnings: Here’s what to expect from the IT major

Infosys is all set to kick off the December quarter earnings season this Friday. Here’s what to expect from the IT major.Infosys Q3 earnings: Here’s what to expect from the IT major

Rupee surges 48 paise as US-Iran tensions ease

A strengthening domestic equity market supported the rupee, dealers said.

Investor wealth jumps by Rs 2.25 lakh crore on market rally

The 30-share BSE index zoomed 634.61 points or 1.55 per cent to close at 41,452.35. During the day, it jumped 664.38 points to 41,482.12.

Market Movers: Sunteck & Aster DM gain; Infy rises; smallcaps lead rally

IT major Infosys snapped a three-session losing streak and added over a per cent during the day.

Sensex bounces back by 635 pts as US-Iran tensions ease; Nifty retakes 12,200

The advance-decline ratio leaned heavily in favour of the buyers on BSE on Thursday.

Infosys Q3 earnings: Here’s what brokerages expect from the IT major

The company may report healthy order wins in an otherwise seasonally weak quarter.

India allows late foreign-exchange deals to lure trade home

London has overtaken Mumbai to become the top center for trading the rupee

RBI permits banks to trade in forex outside market hours

The move was a step in the right direction to help traders hedge their bets on the domestic front, said dealers.

IT stocks gain on weak rupee

Analysts said large IT companies benefit from a weaker rupee

Rupee skids 16 paise on higher crude oil prices

Rupee is trading in a narrow range amid lack of directional cues from the global market.

Rupee slips 9 paise against US dollar in early trade

The domestic unit settled 14 paise up at 71.22 per dollar on Wednesday.

Market Movers: What changed for D-Street while you were sleeping

Nifty on Tuesday ended Calendar 2019 below the 12,200 mark.

Now shop at Dubai airports using Indian Rupee

The acceptance of Indian currency is good news for Indian tourists as earlier they lost a sizeable amount due to exchange rates.

Risks amid hope: How to navigate a year full of risks & opportunities?

Manav Chopra of IB Ventures asked investors to avoid leveraged positions in high-beta stocks.

Market Movers: What changed for D-Street while you were sleeping

Net-net, foreign portfolio investors (FPIs) were buyers of domestic stocks to the tune of Rs 504.13 crore on Thursday, data available with NSE suggested.

Market Movers: What changed for D-Street while you were sleeping

Here’s breaking down the pre-market actions.

View: Rupee to trade in 70.70-71.50 zone amid lack of fresh cues

strength in the dollar against its major crosses could keep gains capped in the rupee.

Rupee slips 5 paise in early trade

USDINR pair is expected to quote in the range of 70.90 and 71.25: MOFSL

The great onion crisis of 2019 may be coming to an end

Prices at one of India’s biggest wholesale markets may plunge to about Rs 20-25 per kilogram from mid-Jan.

Rupee ends marginally higher at 70.97

A stronger dollar in overseas markets after solid US economic data had weighed on the rupee sentiment in early trade, forex traders said.

Rupee slumps 17 paise to 71 against dollar

Forex traders said the rupee ended the day in the negative territory after inflows related to Essar steel got completed.

Forex reserves touch record high at $453 billion

Reserves rose by $2.34 billion during the week under review.

Parliament passes bill to set up unified body to regulate IFSCs

Speaking in the Upper House, Finance Minister Nirmala Sitharaman said the authority would also be responsible for regulating any other IFSC centre which comes up in the country in future as well. She was responding to Congress member Jairam Ramesh who said the authority has been set up to just cater to one centre in Gandhinagar.

Benchmark yield hits 12-week high on S&P's downgrade warning

Benchmark bond yield gained five basis points to close at 6.76 per cent on Wednesday.

Rupee rebounds 24 paise as RBI maintains accommodative stance

The rupee's rise was also supported by weaker dollar against key global currencies.

Has Guv Das turned hawkish? Key takeaways from RBI money policy

The MPC revised down real GDP growth for 2019-20 from 6.1% in October policy to 5%.

Top shadow banks soothed by yield-hungry global funds

The government needs a healthier shadow banking sector as it tries to boost economic growth.

Panasonic India revenue dips 10% in FY19; company to enter IT infrastructure management

As per Panasonic India’s latest regulatory filings with the Registrar of Companies (RoC) accessed through business intelligence platform Veratech Intelligence, revenue from operation dropped 10.6% year on year in 2018-19 at Rs 4,758.62 crore, while its net loss more than tripled at Rs 459.58 crore against Rs 131.88 crore in FY18.

Rupee rises 8 paise to 71.58 against US dollar in early trade

Forex traders said, the domestic unit is trading in a narrow range ahead of the RBI monetary policy decision on Thursday.

Rupee edges higher by 8 paise; RBI meet in focus

The Indian unit on Friday had closed at 71.74 against the US dollar.

These are the Asian currencies to watch in 2020

Signs of progress in the US -China trade dispute is adding to confidence.

Rupee slips 12 paise to 71.74 ahead of GDP data

Forex traders said month-end dollar demand from importers and uncertainty over the US-China trade talks also weighed on the domestic currency.

India boomed! How & why we lost the plot on the high growth path?

The last few years has not been very good for the Indian IT industry. Growth has tapered.

Likely GDP shock at hand, India braces for impact

If the numbers come in at around 4.5% as widely predicted, it will be the slowest pace since Q4 of 2013.

Rupee declines 27 paise to a week's low on trade concerns

Fresh trade concerns after China said it was ready to take firm counter-measures against the US which passed a law supporting Hong Kong protestors also weighed on the domestic currency.

Challenges ahead for most non-financial companies in 2020: Moody's

Moody's expects GDP growth to slow to 6.6 per cent in 2020, weaker than previous years.

Rupee gains 15 paise to end at over 2-week high on forex inflows

Forex traders said the rupee appreciated for the second straight day on foreign inflows in primary as well as secondary equity market.

Rupee spurts to over 2-week high of 71.50

The rupee gain was further strengthened by weakening of dollar against the key rival currencies.

RBI revises framework on currency swap arrangement for SAARC nations

The new framework is valid from November 14, 2019 to November 13, 2022.

India GDP growth in Q2 at 4.7 per cent; FY20 forecast at 5.6 per cent: Ind-Ra

The revision, it said, became "inevitable as the high-frequency data now suggests that the agency's estimate of 2QFY20 GDP growth coming in a little higher than 5 per cent is unlikely to hold".

Rupee ends marginally lower against US dollar

Rupee finally settled at 71.74, registering a loss of 3 paise over its previous close.

Up 8,000% in 10 years! And Ashish Kacholia has just picked a stake in this stock

The purchase took place as the company lowered its revenue growth guidance to 15-20%.

NSE to introduce trading in interest rate options from Dec 9

Rival bourse BSE launched trading in interest rate options based on government securities in August.

Rupee rises 5 paise to 71.76 per dollar

Forex traders said the rupee received a leg-up after China said it will strive to reach 'phase one' trade deal with the US.

AIIB plans $2.5 billion investment in India’s metro, road projects

AIIB may invest $400 million each in the two metro projects. In Bangalore, it has decided to invest $350 million. AIIB is in advanced talks with different nodal agencies, including Chennai Metro Rail and the Mumbai Metro Rail Corp. The investment is likely to boost New Delhi's Smar City initiative.

Rupee recovers 13 paise to end at 71.71 against dollar

Forex traders said the rupee consolidated in a narrow range following lack of cues on the domestic as well as the global front.

Market Movers: What changed for D-Street while you were sleeping

The index formed a similar indecisive candle on the weekly scale. A hold above 11,850 level is a must for any upside.

How big is 'E' theme for stock investing; is it too early a bet?

Many established business houses have set up online transaction channels.

Is SC's Essar Steel verdict key to solving India’s bad loan problem?

SC empowered banks to set the terms of the distribution of sale proceeds between creditors.

Rupee logs 1st gain in 6 days, rises 13 paise

The 10-year government bond yield was down 0.18 per cent at 6.52 per cent.

Crisis doesn’t stop some India lenders getting global loans

Highly-rated firms have sought loans in the global market in recent months.

Rupee opens 30 paise down at 71.77 against dollar

On the domestic front, market participants will be keeping an eye on the inflation number and pick up the number could further weigh on the rupee, Motilal Oswal said in a report.

Rupee skids 19 paise amid fresh trade concerns

Investors also played their bets cautiously in view of India's rating outlook cut by Moody's investors Services last week.

View: Rupee likely to trade in 70.60-71.40 range

FIIs turned bullish from late October and continues to be net buyers in November.

Rupee tumbles 31 paise on India's outlook downgrade

Moody's has changed the outlook to 'negative' from 'stable', saying there was increasing risks that economic growth will remain materially lower than the past.

Rupee rises 8 paise against dollar on forex inflows

Brent crude futures, the global oil benchmark, surged by 1.17 per cent higher at USD 62.86 per barrel.

Most bullish forecaster sees Indian rupee at 67 on Modi return

Rupee may strengthen to 67 per dollar by end-June, a level last seen in the same month last year, said Qi Gao.

Rupee hits 5-week high on stock rally, trade deal hopes

Rising crude prices and a strong dollar against major global currencies restricted the rupee's gain.

Rupee ascends to 5-week high on stocks rally, trade optimism

The domestic unit, later, gave up gains to settle at 4 paise higher at 70.77, a level not seen since September 27.

Market mood moved from extremely pessimistic to cautiously optimistic: Sanjay Sinha

Broader market which was very lacklustre and in a state of despair, has now picked up steam.

Rupee firms up 11 paise to 70.81

On weekly basis, the rupee fell 9 paise against the greenback.

Rupee ends almost flat against US dollar

Rising crude prices and month-end dollar demand from oil importers weighed on the rupee sentiment.

Rupee slips 6 paise to 70.90 ahead of US Fed policy outcome

The rupee loss was somewhat capped by unabated foreign fund inflows, domestic stocks rally and lower crude oil prices.

Rupee closes 6 paise higher at 70.84 against dollar

Stronger dollar against key global currencies kept the rupee movement under check through the session.

SC refuses to entertain plea challenging Jet Airways' 'failure' in returning money to passengers

The PIL was filed before the Supreme Court seeking refund and compensation for the Jet Airways passengers.

Dhanteras: Gold may hit Rs 41K by next Diwali, token buy a must

Market sentiments remained muted in the gold hub of Zaveri Bazaar ahead of Dhanteras.

Rupee snaps 5-day winning run, falls 11 paise to 71.02

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell by 0.01 per cent to 97.48.

RBI may cut rates in December: DBS Bank

RBI observed that the tussle between fiscal worries and a dovish RBI continues to dictate rupee bonds.

How are RBI rate cuts affecting bond yields and rupee dynamics

Textbook rule says that falling interest rates pave way for a weaker currency.

Rupee inches up 3 paise to 70.91 versus US dollar

The 10-year government bond yield was at 6.51 per cent.

Rupee opens 23 paise up at 70.92 against dollar

The local currency on Friday settled almost flat at 71.15 amid hardening crude oil prices and lacklustre global cues.

Rupee falls 11 paise to 68.82 vs USD on foreign fund outflows

30-share index settled 0.22% higher at 39,215.64 and Nifty ended 0.21% up at 11,687.50

Series-VI of the sovereign gold bond opens for subscription at Rs 3,785/gm

Investor would get a 2.50 per cent interest on the amount of initial investment.

More bullish on Indian equities than Indian rupee: Chris Wood, CLSA

Since the leadership of the RBI has changed we have seen more monetary easing, says Wood.

Rupee rises by 15 paise to 68.54 against dollar

Forex traders said Indian rupee gained taking cues from the higher Asian currencies.

RBI hints more rate cuts likely to get economy on track

All six MPC members voted to retain the accommodative stance at the October meeting.

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