Erasing early losses, rupee on Wednesday ended 7 paise higher at 58.70 — its first gain in three days — on recovery in local stocks and fresh dollar selling by exporters ahead of the outcome of US Fed policy meet. However, FII outflows of Rs 545 crore cap
Reversing early losses, the S&P BSE benchmark Sensex on Wednesday closed 22 points higher on fag-end buying in bluechips including Bharti Airtel, HDFC Bank and RIL amid investors awaiting the outcome of the two-day Federal Reserve meeting in the US.
The price of oil rose on Wednesday, before the conclusion of the U.S. Federal Reserve meeting. Benchmark oil for July delivery rose 48 cents to $98.92 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. T
Gold prices fell by Rs 80 to Rs 28,400 per ten grams here on Wednesday due to slackened demand amid a weak global trend. On the other hand, silver ready ruled flat at Rs 44,600 per kg, while weekly-based delivery shed Rs 80 to Rs 43,780 per kg on lack ...
The rupee recovered by 15 paise to 58.62 against the dollar in early trade today at the Interbank Foreign Exchange market on increased selling of the US currency by exporters. However, dollar’s strength against other currencies overseas capped the rupee’s
The BSE benchmark Sensex on Wednesday fell for the second straight day by losing nearly 62 points in early trade on sustained selling by funds amid a mixed trend in other Asian markets. The 30-share barometer fell by 61.96 points, or 0.32 per cent, to 19,
Resuming its downfall, the rupee on Tuesday sank by a whopping 90 paise to all-time closing low of 58.77 on massive dollar buying by banks and importers as forex markets became jittery ahead of Fed’s decision on continuing monetary stimulus. Capital out
Both the precious metals, gold and silver, rebounded on Tuesday on stockists buying amid concerns over weakening rupee.While gold surged by Rs 230 to Rs 28,480 per ten grams, silver gained Rs 250 to Rs 44,600 per kg on increased offtake. Traders attribute
Retreating from one-week highs, the Sensex on Tuesday closed nearly 103 points down at 19,223.28 on selling in bluechips like HDFC Bank, ICICI Bank and ITC.After opening nearly flat at 19329.17, the 30-share benchmark index witnessed volatility and touche
The rupee on Tuesday plunged by 56 paise, or almost 1 per cent, to trade at 58.43 against the dollar in early trade at the Interbank Foreign Exchange market due to renewed dollar demand from importers and appreciation of the U.S. currency overseas.Forex d