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.
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.
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.
Benchmark indices Sensex and Nifty declined in early trade on Monday, reflecting weak global trends and caution ahead of WPI inflation data.
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.
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.
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.
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.
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.
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
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.
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.
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 | MumbaiThe 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 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 | MumbaiIndian equity indices Sensex and Nifty surged in early trade, rising by 1.5 percent, driven by gains in IT stocks and fresh foreign institutional investment, continuing their upward momentum
05 December,2024 10:17 AM IST | MumbaiThe Indian rupee rose by 4 paise to 84.71 against the US dollar in early trade on Thursday, supported by positive domestic equities, despite the strength of the US dollar and rising crude oil prices
05 December,2024 10:11 AM IST | MumbaiADVERTISEMENT
The Indian rupee reached an all-time low of 84.76 against the US dollar in early trade on Tuesday, due to the strong US currency, foreign portfolio outflows, and global political uncertainties. Experts remain cautious ahead of the upcoming RBI monetary policy meeting.
03 December,2024 10:24 AM IST | Mumbai
Indian markets opened with strong gains, driven by buying in blue-chip stocks like HDFC Bank and SBI, along with positive global cues. The Sensex and Nifty surged in early trade, reflecting investor optimism
03 December,2024 10:20 AM IST | Mumbai
Benchmark indices Sensex and Nifty fell in early trade on Monday, pressured by disappointing GDP growth data, weak stock trends, and foreign fund outflows. The BSE Sensex dropped nearly 500 points, while the Nifty saw a decline of 122 points.
02 December,2024 10:13 AM IST | Mumbai
The Indian Rupee opened slightly higher at 84.58 against the US dollar on Monday, amid global market uncertainty and weaker domestic economic data.
02 December,2024 10:05 AM IST | Mumbai
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