Rupee rises 9 paise to 88.51 against U.S. dollar in early trade

Rupee rises 9 paise to 88.51 against U.S. dollar in early trade

Rupee Inches Higher in Early Interbank Trade The rupee opened at 88.57 on the interbank foreign exchange market and strengthened further to trade at 88.51. Quick market snapshot Opening level: 88.57 Later trade: 88.51 Move: strengthened by 6 paise, roughly 0.07% What this means The change is modest but shows a slight appreciation of the … Read more

Rupee rises 9 paise to 88.51 against US dollar in early trade

Rupee rises 9 paise to 88.51 against US dollar in early trade

The Indian rupee opened firmer at 88.57 against the US dollar at the interbank foreign exchange market and strengthened further to trade at 88.51 in early deals, a gain of 9 paise from the previous close. Market snapshot Early-session strength pushed the rupee lower against the greenback numerically, reflecting a modest recovery in sentiment. The … Read more

Stock markets halt 6-day rally; Nifty ends below 26,000-mark on profit taking

Stock markets halt 6-day rally; Nifty ends below 26,000-mark on profit taking

Sensex sees broad weakness as several large-cap names lag Shares of key Sensex firms slipped, with Tech Mahindra, Infosys, Bajaj Finance, Bajaj Finserv, Eternal, Adani Ports, Hindustan Unilever and Bharat Electronics emerging as the major laggards. The dip reflects selective selling in both tech and financials, along with pressure in consumer and infrastructure-linked stocks. Who … Read more

Weekly Rupee View: Rupee stuck in a narrow range

Weekly Rupee View: Rupee stuck in a narrow range

Key technical zone: 88.45–88.80 The market is sitting inside a tight technical band. A decisive breakout above 88.80 or a breakdown below 88.45 is likely to set the tone for the next move. Traders are watching this range closely because it represents recent support and resistance that has contained price action. What a breakout above … Read more

Rupee settles 2 paise lower at 88.61 against US dollar

Rupee settles 2 paise lower at 88.61 against US dollar

Rising import bills and a widening trade deficit have put investors on edge. When a country spends more on imports than it earns from exports, it can affect currency stability, foreign reserves, and investor confidence — all issues that matter to markets and businesses. Why rising import bills matter An increasing import bill means the … Read more

Rupee settles 2 paise lower at 88.61 against U.S. dollar

Rupee settles 2 paise lower at 88.61 against U.S. dollar

Rupee Holds Ground as Foreign Funds and Weak Dollar Provide Support The Indian currency showed resilience recently, helped by a mix of steady foreign fund inflows, a softer greenback and lower crude oil prices. These factors combined to ease downward pressure and stabilise the rupee against major currencies. Key drivers behind the stability Foreign fund … Read more

Rupee falls 8 paise to 88.67 against U.S. dollar in early trade

Rupee falls 8 paise to 88.67 against U.S. dollar in early trade

The Indian rupee remained under pressure despite a set of factors that would normally help the currency. Forex analysts said a weaker US dollar, softer crude oil prices and some inflows of foreign capital into domestic equities were not enough to steady the rupee. Why the expected support didn’t materialise Several market dynamics can blunt … Read more

Equity markets fall in early trade after six-day rally

Equity markets fall in early trade after six-day rally

Asian markets slide as major indexes trade sharply lower Stocks across Asia fell sharply, with South Korea’s Kospi, Japan’s Nikkei 225, Shanghai’s SSE Composite, and Hong Kong’s Hang Seng all trading notably lower. The move reflected broad risk-off sentiment among investors. Market snapshot Kospi: Heavy selling weighed on equities, led by technology and export-related names. … Read more

Rupee falls 8 paise to 88.67 against US dollar in early trade

Rupee falls 8 paise to 88.67 against US dollar in early trade

The Indian rupee opened the day at 88.67 against the US dollar in the interbank foreign exchange market, slipped briefly to 88.69, and then inched back to 88.68 in early deals — settling at a loss of 8 paise from the previous close. Market snapshot Opening: 88.67 per US dollar Intra-session dip: 88.69 Initial deals … Read more