Rupee recovers slightly to 85.07 against US dollar, but pressures remain
The Indian rupee appreciated by 6 paise to 85.07 against the US dollar on Friday after hitting an all-time low of 85.13 on Thursday. Forex traders anticipate further pressure on the currency due to persistent demand for the US dollar and global economic factors.
20 December,2024 10:20 AM IST | MumbaiStock markets crash as Nifty falls 321 points and Sensex drops 1,153 points
Indian stock indices fell sharply on Thursday, driven by a global sell-off sparked by the US Federal Reserve's revised rate cut projections for 2025. The Nifty 50 and BSE Sensex saw significant losses amid weak global cues.
19 December,2024 09:58 AM IST | MumbaiRupee falls to all-time low of 85.06 against the US dollar
The Indian rupee dropped to an all-time low of 85.06 against the US dollar, driven by a hawkish US Federal Reserve outlook, a rising dollar, and foreign fund outflows.
19 December,2024 09:49 AM IST | MumbaiIndian markets slide in early trade, Sensex drops by 215.59 points
Benchmark indices Sensex and Nifty declined in early trade on Monday, reflecting weak global trends and caution ahead of WPI inflation data.
16 December,2024 10:11 AM IST | MumbaiRupee falls to 84.83 against US dollar amid weak equities and high crude prices
The Indian rupee dropped by 3 paise to 84.83 against the US dollar on Monday, reflecting the weak performance of domestic equities and rising crude oil prices. Forex traders highlight persistent dollar demand as a key factor in the rupee's decline.
16 December,2024 10:05 AM IST | MumbaiSensex falls 412 points, Nifty tumbles 129 points due to metal stock slump
The Sensex and Nifty both experienced significant declines in early trade on Friday, falling by over 400 points and 120 points respectively, as metal stocks took a hit and foreign institutional investors continued to offload equities.
13 December,2024 10:22 AM IST | MumbaiRupee recovers from all-time low, appreciates to 84.83 against US dollar
The Indian rupee appreciated by 5 paise to 84.83 against the US dollar in early Friday trade, following positive domestic inflation data. However, the recovery remains limited due to a stronger US dollar and volatile domestic equity markets.
13 December,2024 09:45 AM IST | MumbaiRupee falls by 2 paise to 84.85 against the dollar in early trade
The Indian rupee slipped by 2 paise to 84.85 against the US dollar due to foreign fund outflows, rising crude oil prices, and a higher dollar index. The domestic currency's decline comes ahead of key inflation data.
12 December,2024 09:41 AM IST | MumbaiRupee strengthens 8 paise to 84.78 against the US dollar in early trade
The Indian rupee appreciated by 8 paise to 84.78 against the US dollar in early trade on December 10, aided by foreign fund inflows and positive trends in domestic equities.
10 December,2024 10:55 AM IST | MumbaiSensex, Nifty rebound in early trade, rise by 193 points and 47 points
Sensex and Nifty recover from two-day downtrend in early trade on Tuesday, led by value-buying in blue-chip stocks Infosys and HDFC Bank, along with positive cues from Asian markets
10 December,2024 10:51 AM IST | MumbaiRupee drops 7 paise to 84.73 against the US dollar in early trade
The Indian rupee weakened by 7 paise to 84.73 against the US dollar in early trade on Monday, driven by foreign fund outflows and subdued domestic equities. Experts predict limited downside for the rupee in the near term.
09 December,2024 10:14 AM IST | MumbaiRupee rises by 7 paise to 84.64 against the US dollar in early trade
The Indian rupee strengthened by 7 paise to 84.64 against the US dollar on Friday morning, bolstered by foreign fund inflows, though muted equity trends capped its gains. Market participants await the Reserve Bank of India's policy decision today.
06 December,2024 10:12 AM IST | MumbaiMarkets experience sharp volatility ahead of RBI monetary policy announcement
Markets saw sharp volatility with Sensex dipping 75 points and Nifty losing 25 ahead of the RBI monetary policy announcement. Foreign investment and retail buying led to intra-day fluctuations
06 December,2024 10:06 AM IST | Mumbai