The rupee strengthened by 15 paise to 68.81 against the US dollar in opening trade Tuesday on fresh selling of the greenback by exporters.

The weakening of the US dollar against some currencies overseas and a higher opening in the domestic equity market supported the local unit, a currency dealer said.

At the Interbank forex market, the rupee opened higher at 68.88 and strengthened further to 68.81 against the US dollar, higher by 15 paise over its previous close.

On Tuesday, the rupee ended almost flat at 68.96 per US dollar as participants preferred to wait on the sidelines to see the outcome of RBI's first-ever rupee-dollar swap auction.

Brent crude futures, the global oil benchmark, was trading 0.09 per cent up at $67.27 per barrel.

Meanwhile, the benchmark BSE Sensex recovered by 77.38 points, or 0.20 per cent, to 37,886.29 in early trade Tuesday.

Foreign portfolio investors (FPIs) bought equities worth a net Rs 150.40 crore Monday, provisional data showed.

The rupee strengthened by 15 paise to 68.81 against the US dollar in opening trade Tuesday on fresh selling of the greenback by exporters. The weakening of the US dollar against some currencies overseas and a higher opening in the domestic equity market supported the local unit, a currency dealer said.

The rupee strengthened by 15 paise to 68.81 against the US dollar in opening trade Tuesday on fresh selling of the greenback by exporters. The weakening of the US dollar against some currencies overseas and a higher opening in the domestic equity market supported the local unit, a currency dealer said. At the Interbank forex market, the rupee opened higher at 68.88 and strengthened further to 68.81 against the US dollar, higher by 15 paise over its previous close. On Tuesday, the rupee ended almost flat at 68.96 per US dollar as participants preferred to wait on the sidelines to see the outcome of RBI's first-ever rupee-dollar swap auction. Brent crude futures, the global oil benchmark, was trading 0.09 per cent up at $67.27 per barrel. Meanwhile, the benchmark BSE Sensex recovered by 77.38 points, or 0.20 per cent, to 37,886.29 in early trade Tuesday. Foreign portfolio investors (FPIs) bought equities worth a net Rs 150.40 crore Monday, provisional data showed.

Rupee rises 15 paise to 68.81 against US dollar

The rupee depreciated 16 paise to 69.11 against the US dollar in opening trade Monday on month-end demand for the American currency from importers amid a weak opening in the domestic equity market.

Besides, the US dollar edged back from a six-week low against the yen and this factor also weighed on the Indian rupee, dealers said.

At the Interbank Foreign Exchange (forex) market, the domestic unit opened lower at 69.07 and slipped further to 69.14 but recovered partially to quote 16 paise down at 69.11 against the dollar.

On Friday, the rupee had ended lower by 12 paise at 68.95 against the American currency on rise in demand for the greenback from importers and sell-off in domestic equities.

Forex dealers said the local unit was weighed down by strong dollar demand from importers to make month-end payments. However, sustained foreign fund inflows and easing crude prices restricted the fall.

Foreign portfolio investors (FPIs) bought equities worth Rs 1,374.57 crore Friday, provisional data showed.

Brent crude futures, the global oil benchmark, slipped 0.82 per cent to $66.48 per barrel.

Meanwhile, the benchmark BSE Sensex fell by 306.53 points, or 0.80 per cent, at 37,858.08 in early deals.&nbsp;

The rupee depreciated 16 paise to 69.11 against the US dollar in opening trade Monday on month-end demand for the American currency from importers amid a weak opening in the domestic equity market.

The rupee depreciated 16 paise to 69.11 against the US dollar in opening trade Monday on month-end demand for the American currency from importers amid a weak opening in the domestic equity market. Besides, the US dollar edged back from a six-week low against the yen and this factor also weighed on the Indian rupee, dealers said. At the Interbank Foreign Exchange (forex) market, the domestic unit opened lower at 69.07 and slipped further to 69.14 but recovered partially to quote 16 paise down at 69.11 against the dollar. On Friday, the rupee had ended lower by 12 paise at 68.95 against the American currency on rise in demand for the greenback from importers and sell-off in domestic equities. Forex dealers said the local unit was weighed down by strong dollar demand from importers to make month-end payments. However, sustained foreign fund inflows and easing crude prices restricted the fall. Foreign portfolio investors (FPIs) bought equities worth Rs 1,374.57 crore Friday, provisional data showed. Brent crude futures, the global oil benchmark, slipped 0.82 per cent to $66.48 per barrel. Meanwhile, the benchmark BSE Sensex fell by 306.53 points, or 0.80 per cent, at 37,858.08 in early deals.

Rupee sheds 16 paise against US dollar in early trade

The rupee appreciated by 6 paise to 68.57 against the US dollar in opening trade Friday, driven by sustained foreign fund inflows and a higher opening of domestic equities.

The rupee opened at 68.60 at the interbank forex market, then gained further ground and touched 68.57, displaying gains of 6 paise over its last close.

The rupee Wednesday had recovered by 13 paise to close at 68.83 against the US dollar.

The forex market was closed Thursday on account of Holi.

Forex dealers said, selling of the American currency by exporters and positive opening in domestic equities supported the rupee.

Fresh foreign fund inflows and easing crude prices also supported the rupee, they added.

Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in Rs 1,771.61 crore on a net basis Wednesday, as per provisional data.

Brent crude futures, the global oil benchmark, slipped 0.18 per cent to $67.74 per barrel.

Meanwhile, the benchmark BSE Sensex was trading higher by 91.03 points, or 0.24 per cent, at 38,477.78; while the NSE Nifty was trading at 11,548, higher by 26.95 points, or 0.23 per cent.&nbsp;

The rupee appreciated by 6 paise to 68.57 against the US dollar in opening trade Friday, driven by sustained foreign fund inflows and a higher opening of domestic equities.

The rupee appreciated by 6 paise to 68.57 against the US dollar in opening trade Friday, driven by sustained foreign fund inflows and a higher opening of domestic equities. The rupee opened at 68.60 at the interbank forex market, then gained further ground and touched 68.57, displaying gains of 6 paise over its last close. The rupee Wednesday had recovered by 13 paise to close at 68.83 against the US dollar. The forex market was closed Thursday on account of Holi. Forex dealers said, selling of the American currency by exporters and positive opening in domestic equities supported the rupee. Fresh foreign fund inflows and easing crude prices also supported the rupee, they added. Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in Rs 1,771.61 crore on a net basis Wednesday, as per provisional data. Brent crude futures, the global oil benchmark, slipped 0.18 per cent to $67.74 per barrel. Meanwhile, the benchmark BSE Sensex was trading higher by 91.03 points, or 0.24 per cent, at 38,477.78; while the NSE Nifty was trading at 11,548, higher by 26.95 points, or 0.23 per cent.

Rupee rises 6 paise to 68.57 against US dollar

The rupee fell 19 paise to 69.15 against the US dollar in early trade Wednesday after crude price rose to a four-month high in global market amid increased demand for the American currency from importers.

At the interbank forex market, the rupee opened lower at 69.11 and weakened further to 69.17 on increased demand from importers. However, it recovered partially to quote 15 paise down at 69.15 against the dollar.

Forex dealers said crude price surge to a four-month high of US $67.47 per barrel overseas weighed on the Indian unit, but weakness in the dollar against a basket of currencies limited the fall.

Halting its six-day winning run, the Indian rupee Tuesday edged lower by 43 paise to close at 68.96 against the US dollar on emergence of demand for the greenback from importers.

Meanwhile, foreign institutional investors (FIIs) bought shares worth Rs 2,132.36 crore on a net basis Tuesday, provisional data showed.

The benchmark BSE Sensex gained 28.74 points, or 0.07 per cent, to 38,392.21 in early deals.&nbsp;

The rupee fell 19 paise to 69.15 against the US dollar in early trade Wednesday after crude price rose to a four-month high in global market amid increased demand for the American currency from importers.

The rupee fell 19 paise to 69.15 against the US dollar in early trade Wednesday after crude price rose to a four-month high in global market amid increased demand for the American currency from importers. At the interbank forex market, the rupee opened lower at 69.11 and weakened further to 69.17 on increased demand from importers. However, it recovered partially to quote 15 paise down at 69.15 against the dollar. Forex dealers said crude price surge to a four-month high of US $67.47 per barrel overseas weighed on the Indian unit, but weakness in the dollar against a basket of currencies limited the fall. Halting its six-day winning run, the Indian rupee Tuesday edged lower by 43 paise to close at 68.96 against the US dollar on emergence of demand for the greenback from importers. Meanwhile, foreign institutional investors (FIIs) bought shares worth Rs 2,132.36 crore on a net basis Tuesday, provisional data showed. The benchmark BSE Sensex gained 28.74 points, or 0.07 per cent, to 38,392.21 in early deals.

Rupee falls 19 paise against US dollar in early trade

The benchmark BSE Sensex rose 83.10 points, or 0.22 per cent, to 38,178.17 in early trade on Tuesday. Nifty, on the other hand also opened in green at 11,500.30.&nbsp;

Meanwhile, the Indian currency edged 2 paise higher to 68.51 against the US dollar in early trade Tuesday ahead of the Federal Reserve's policy meet.

A higher opening in the domestic equity market influenced the currency's movement, they added, experts noted.&nbsp;

On Monday, the domestic unit had surged by 57 paise to close at an over seven-month high of 68.53 against the US dollar, also marking a sixth straight session of gains, driven by sustained foreign fund inflows and narrowing trade deficit.

The BSE Sensex gained over 70 points Monday. NSE Nifty finished 35.35 points or 0.31 per cent, higher at 11,462.20 after hitting the day's high of 11,530.15 and a low of 11,412.50.

(With inputs from PTI)&nbsp;

The benchmark BSE Sensex rose 83.10 points, or 0.22 per cent, to 38,178.17 in early trade on Tuesday. Nifty, on the other hand also opened in green at 11,500.30.

The benchmark BSE Sensex rose 83.10 points, or 0.22 per cent, to 38,178.17 in early trade on Tuesday. Nifty, on the other hand also opened in green at 11,500.30. Meanwhile, the Indian currency edged 2 paise higher to 68.51 against the US dollar in early trade Tuesday ahead of the Federal Reserve's policy meet. A higher opening in the domestic equity market influenced the currency's movement, they added, experts noted. On Monday, the domestic unit had surged by 57 paise to close at an over seven-month high of 68.53 against the US dollar, also marking a sixth straight session of gains, driven by sustained foreign fund inflows and narrowing trade deficit. The BSE Sensex gained over 70 points Monday. NSE Nifty finished 35.35 points or 0.31 per cent, higher at 11,462.20 after hitting the day's high of 11,530.15 and a low of 11,412.50. (With inputs from PTI)

Markets open in green, Rupee starts marginally higher against US dollar

Rupee rose to its highest in more than seven months on Monday, boosted by strong dollar inflows while broad weakness in the US currency over the previous week also aided sentiment.

The partially convertible rupee was trading at 68.65/66 per dollar after touching 68.62, its strongest level since August 9. It had closed at 69.10 on Friday.

The dollar licked its wounds after soft US data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months high on hopes for a delay in Britain's exit from the European Union.

Other Asian units, however, were trading mixed against the dollar.

"We have seen large (dollar) inflows in the last few days hitting the market. USDINR swap window followed by lower trade deficit added to INR strength," said Paresh Nayar, head of the trading desk at First Rand Bank in Mumbai.

Investors are bullish on the Indian rupee for the first time in nearly a year, a Reuters poll showed last week, as a recent surge in popularity of the country's ruling party is expected to bode well for its alliance in the upcoming national elections.

Foreign inflows into Indian equities and debt markets have surged, with $3.65 billion pouring in this month as of March 15. That compares with inflows of $1.58 billion in February and $788 million outflows in January, according to exchange data.

"I don't think many would have expected such sharp appreciation with the RBI not intervening aggressively and with inflows still lined up, the next support is 68.50," Nayar said.

In a bid to mop up dollars and pump in rupees, the central bank last Wednesday said it would conduct its first dollar/rupee buy-sell swap auction on March 26.

The RBI plans to swap rupees for dollars for a total of $5 billion with domestic banks which is likely to help achieve its twin objectives of pushing interest rates down while also preventing a sharp appreciation in the rupee.

Rupee rose to its highest in more than seven months on Monday, boosted by strong dollar inflows while broad weakness in the US currency over the previous week also aided sentiment.

Rupee rose to its highest in more than seven months on Monday, boosted by strong dollar inflows while broad weakness in the US currency over the previous week also aided sentiment. The partially convertible rupee was trading at 68.65/66 per dollar after touching 68.62, its strongest level since August 9. It had closed at 69.10 on Friday. The dollar licked its wounds after soft US data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months high on hopes for a delay in Britain's exit from the European Union. Other Asian units, however, were trading mixed against the dollar. "We have seen large (dollar) inflows in the last few days hitting the market. USDINR swap window followed by lower trade deficit added to INR strength," said Paresh Nayar, head of the trading desk at First Rand Bank in Mumbai. Investors are bullish on the Indian rupee for the first time in nearly a year, a Reuters poll showed last week, as a recent surge in popularity of the country's ruling party is expected to bode well for its alliance in the upcoming national elections. Foreign inflows into Indian equities and debt markets have surged, with $3.65 billion pouring in this month as of March 15. That compares with inflows of $1.58 billion in February and $788 million outflows in January, according to exchange data. "I don't think many would have expected such sharp appreciation with the RBI not intervening aggressively and with inflows still lined up, the next support is 68.50," Nayar said. In a bid to mop up dollars and pump in rupees, the central bank last Wednesday said it would conduct its first dollar/rupee buy-sell swap auction on March 26. The RBI plans to swap rupees for dollars for a total of $5 billion with domestic banks which is likely to help achieve its twin objectives of pushing interest rates down while also preventing a sharp appreciation in the rupee.

Rupee at seven-month high, further gains on the cards

The rupee appreciated 17 paise to 68.93 against the US dollar in opening trade Monday driven by weakening greenback in overseas markets and sustained foreign inflows.

Besides, narrowing country's trade deficit and selling of the American currency by exporters supported the domestic currency, dealers said.

The marginal 2.44 per cent increase in exports, as well as lower imports of gold and petroleum products in February, significantly narrowed the country's trade deficit to USD 9.6 billion, according to data released by the commerce ministry Friday.

Extending its gains for the sixth session, the rupee opened higher at 68.92 at the interbank forex market and gained further ground to touch 68.87. However, it pared some gains and was quoting 17 paise higher at 68.93 at 0920 hours.

The rupee Friday had jumped 24 paise to close at 69.10 against the US dollar on sustained foreign fund inflows and heavy buying in domestic equities.

Meanwhile, foreign institutional investors (FIIs) remained net buyers in the capital market, putting in Rs 4,323.49 crore on a net basis Friday, as per provisional data.

Meanwhile, the benchmark BSE Sensex was trading higher by 232.31 points, or 0.61 per cent, at 38,256.63.

The rupee appreciated 17 paise to 68.93 against the US dollar in opening trade Monday driven by weakening greenback in overseas markets and sustained foreign inflows.

The rupee appreciated 17 paise to 68.93 against the US dollar in opening trade Monday driven by weakening greenback in overseas markets and sustained foreign inflows. Besides, narrowing country's trade deficit and selling of the American currency by exporters supported the domestic currency, dealers said. The marginal 2.44 per cent increase in exports, as well as lower imports of gold and petroleum products in February, significantly narrowed the country's trade deficit to USD 9.6 billion, according to data released by the commerce ministry Friday. Extending its gains for the sixth session, the rupee opened higher at 68.92 at the interbank forex market and gained further ground to touch 68.87. However, it pared some gains and was quoting 17 paise higher at 68.93 at 0920 hours. The rupee Friday had jumped 24 paise to close at 69.10 against the US dollar on sustained foreign fund inflows and heavy buying in domestic equities. Meanwhile, foreign institutional investors (FIIs) remained net buyers in the capital market, putting in Rs 4,323.49 crore on a net basis Friday, as per provisional data. Meanwhile, the benchmark BSE Sensex was trading higher by 232.31 points, or 0.61 per cent, at 38,256.63.

Rupee appreciates 17 paise to 68.93 against US dollar

The rupee opened 18 paise lower at 70.18 against the US dollar Friday on increased demand for the greenback from importers and banks amid lower opening of domestic equities.

Forex dealers said, strengthening of the American currency in the overseas market weighed on the domestic currency.

However, fresh foreign fund inflows, easing crude prices supported the rupee and restricted the fall.

The rupee opened weak at 70.18 at the interbank forex market, down 18 paise from its last close. The local currency, however, pared the initial loss and was trading at 70.11.

On Thursday, the rupee had strengthened 28 paise to close at 70 against the US dollar.

Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in Rs 1,137.85 crore Thursday, as per provisional data.

Meanwhile, Brent crude futures, the global oil benchmark, fell 0.74 per cent to $65.81 per barrel.

Indian bourses declined in early trade Friday with benchmark indices Sensex trading 62.24 points down at 36,663.18 and Nifty down 21.10 points at 11,031.65.

The rupee opened 18 paise lower at 70.18 against the US dollar Friday on increased demand for the greenback from importers and banks amid lower opening of domestic equities.

The rupee opened 18 paise lower at 70.18 against the US dollar Friday on increased demand for the greenback from importers and banks amid lower opening of domestic equities. Forex dealers said, strengthening of the American currency in the overseas market weighed on the domestic currency. However, fresh foreign fund inflows, easing crude prices supported the rupee and restricted the fall. The rupee opened weak at 70.18 at the interbank forex market, down 18 paise from its last close. The local currency, however, pared the initial loss and was trading at 70.11. On Thursday, the rupee had strengthened 28 paise to close at 70 against the US dollar. Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in Rs 1,137.85 crore Thursday, as per provisional data. Meanwhile, Brent crude futures, the global oil benchmark, fell 0.74 per cent to $65.81 per barrel. Indian bourses declined in early trade Friday with benchmark indices Sensex trading 62.24 points down at 36,663.18 and Nifty down 21.10 points at 11,031.65.

Rupee opens 18 paise lower at 70.18 against US dollar

The rupee appreciated by 30 paise to 69.98 against the US dollar in opening trade Thursday, driven by foreign inflows and positive opening in domestic equities.

The rupee opened strong at 70.08 at the interbank forex market and then gained further ground and touched 69.98, a gain of 30 paise over its last close.

Forex dealers said selling of the American currency by exporters supported the rupee, but rising crude prices weighed on the local unit and capped the upmove.

Besides, fresh foreign fund inflows also boosted sentiments in domestic the forex market, they added.

The rupee Wednesday had strengthened by 21 paise to close at 70.28 against the US dollar.

Meanwhile, foreign investors (FIIs) remained net buyers in the capital markets, putting in Rs 1,130.78 crore on a net basis Wednesday, as per provisional data.

Brent crude futures, the global oil benchmark, rose 0.48 per cent to trade at $66.31 per barrel.

Meanwhile, the benchmark BSE Sensex was trading higher by 49.01 points, or 0.13 per cent, to quote at 36,685.11 in early trade, while the NSE Nifty was quoted at 11,057.25, up by 4.25 points, or 0.04 per cent.

The rupee appreciated by 30 paise to 69.98 against the US dollar in opening trade Thursday, driven by foreign inflows and positive opening in domestic equities. The rupee opened strong at 70.

The rupee appreciated by 30 paise to 69.98 against the US dollar in opening trade Thursday, driven by foreign inflows and positive opening in domestic equities. The rupee opened strong at 70.08 at the interbank forex market and then gained further ground and touched 69.98, a gain of 30 paise over its last close. Forex dealers said selling of the American currency by exporters supported the rupee, but rising crude prices weighed on the local unit and capped the upmove. Besides, fresh foreign fund inflows also boosted sentiments in domestic the forex market, they added. The rupee Wednesday had strengthened by 21 paise to close at 70.28 against the US dollar. Meanwhile, foreign investors (FIIs) remained net buyers in the capital markets, putting in Rs 1,130.78 crore on a net basis Wednesday, as per provisional data. Brent crude futures, the global oil benchmark, rose 0.48 per cent to trade at $66.31 per barrel. Meanwhile, the benchmark BSE Sensex was trading higher by 49.01 points, or 0.13 per cent, to quote at 36,685.11 in early trade, while the NSE Nifty was quoted at 11,057.25, up by 4.25 points, or 0.04 per cent.

Rupee surges 30 paise against US dollar in early trade

Indian stock markets on Friday opened in green while rupee took a hit against US dollar, depreciating by 14 paise to 70.86 in early trade.

The benchmark BSE Sensex was quoting higher by 206.19 points, or 0.57 per cent, to 36,073.63 in opening deals today. Indian currency's depreciation came amid&nbsp;increased demand for the US currency from importers and foreign fund outflows.

Besides, strength in the dollar against major rival currencies on stronger US economic data also kept the pressure on the Indian rupee, dealers said.

However, a higher opening in domestic equities helped in restricting the slide in the Indian unit to some extent, they added.

On the macro-economic front, a caution prevailed after official data showed that the country's economic growth slowed to a 5-quarter low of <a href="http://www.wionews.com/india-news/india-gdp-growth-slows-to-five-quarter-low-of-66-pc-in-q3-still-fastest-in-the-world-200356">6.6 per cent in the October-December period</a>.

Also, economic growth estimate for the current fiscal year ending March 31 has been revised downwards to 7 per cent from the earlier estimate of 7.2 per cent. This is the lowest growth in the last five years.

On Thursday, the rupee rebounded by 52 paise to close at 70.72 against the US dollar as sentiments revived on signs of de-escalation of tensions between India and Pakistan.

Extending its fall for the third session, the BSE benchmark Sensex Thursday ended marginally lower after investors squared-off positions as February derivative contracts expired amid concerns over tension between India and Pakistan.

Indian stock markets on Friday opened in green while rupee took a hit against US dollar, depreciating by 14 paise to 70.86 in early trade. The benchmark BSE Sensex was quoting higher by 206.

Indian stock markets on Friday opened in green while rupee took a hit against US dollar, depreciating by 14 paise to 70.86 in early trade. The benchmark BSE Sensex was quoting higher by 206.19 points, or 0.57 per cent, to 36,073.63 in opening deals today. Indian currency's depreciation came amid increased demand for the US currency from importers and foreign fund outflows. Besides, strength in the dollar against major rival currencies on stronger US economic data also kept the pressure on the Indian rupee, dealers said. However, a higher opening in domestic equities helped in restricting the slide in the Indian unit to some extent, they added. On the macro-economic front, a caution prevailed after official data showed that the country's economic growth slowed to a 5-quarter low of 6.6 per cent in the October-December period. Also, economic growth estimate for the current fiscal year ending March 31 has been revised downwards to 7 per cent from the earlier estimate of 7.2 per cent. This is the lowest growth in the last five years. On Thursday, the rupee rebounded by 52 paise to close at 70.72 against the US dollar as sentiments revived on signs of de-escalation of tensions between India and Pakistan. Extending its fall for the third session, the BSE benchmark Sensex Thursday ended marginally lower after investors squared-off positions as February derivative contracts expired amid concerns over tension between India and Pakistan.

Markets open in green, rupee sheds 14 paise against dollar

The rupee strengthened by 6 paise to 71.01 against the US dollar in early trade Wednesday at the interbank forex market on some selling of the greenback by exporters and banks amid sustained foreign fund inflows.

A positive opening for the stock markets also boosted the domestic currency, dealers said.

On Tuesday, the rupee snapped its gains of previous two sessions and closed 10 paise lower at 71.07 to the US dollar amid fears of escalation in geopolitical tensions following Indian fighter jets' air strike on a Pakistan-based terror camp.

Foreign institutional investors (FIIs) bought shares worth Rs 1,674.17 crore Tuesday, as per provisional data.

In global trade, the US dollar fell to a three-week low after Federal Reserve chairman reinforced the US central bank's recent shift toward a more "patient" approach on policy in the face of slowing economy.

Meanwhile, the benchmark <a href="http://www.wionews.com/business-economy/sensex-rebounds-256-points-nifty-above-10900-mark-199967">BSE Sensex</a> rose 218.81 points, or 0.61 per cent, to 36,192.52 points in early trade.&nbsp;

The rupee strengthened by 6 paise to 71.01 against the US dollar in early trade Wednesday at the interbank forex market on some selling of the greenback by exporters and banks amid sustained foreign fund inflows.

The rupee strengthened by 6 paise to 71.01 against the US dollar in early trade Wednesday at the interbank forex market on some selling of the greenback by exporters and banks amid sustained foreign fund inflows. A positive opening for the stock markets also boosted the domestic currency, dealers said. On Tuesday, the rupee snapped its gains of previous two sessions and closed 10 paise lower at 71.07 to the US dollar amid fears of escalation in geopolitical tensions following Indian fighter jets' air strike on a Pakistan-based terror camp. Foreign institutional investors (FIIs) bought shares worth Rs 1,674.17 crore Tuesday, as per provisional data. In global trade, the US dollar fell to a three-week low after Federal Reserve chairman reinforced the US central bank's recent shift toward a more "patient" approach on policy in the face of slowing economy. Meanwhile, the benchmark BSE Sensex rose 218.81 points, or 0.61 per cent, to 36,192.52 points in early trade.

Rupee recovers 6 paise against US dollar in early trade

The benchmark BSE Sensex fell over 350 points in early trade Tuesday amid rising tension between India and Pakistan, weak Asian cues and selling pressure on banking, power, IT and power counters. &nbsp; &nbsp;

The Sensex was trading 343.20 points, or 0.95 per cent, down at 35,870.18 after touching a low of 35,842.58. The gauge rallied 342 points in Monday's trade.

The 50-share Nifty also fell 105.45 points, or 0.97 per cent, to 10,774.65.

According to brokers, domestic investor sentiment took a beating after the Pakistan Army on Tuesday alleged that the Indian Air Force violated the Line of Control (LoC) in Muzafarabad sector.

The allegation came amid heightened tension between India and Pakistan after the February 14 suicide attack by Pakistan-based Jaish-e-Mohammad terror group that killed 40 CRPF soldiers in Jammu and Kashmir's Pulwama district.&nbsp;

The laggards that dragged the key indices include Yes Bank, Hero MotoCorp, Tata Steel, Vedanta, Sun Pharma, ICICI Bank, SBI, RIL, M&amp;M, Kotak Bank, Bajaj Finance, Infosys, NTPC, HDFC, Maruti Suzuki, Bajaj Auto, IndusInd Bank, L&amp;T, PowerGrid, Axis Bank, HDFC Bank, Asian Paint, ITC and ONGC, falling by up to 2.38 per cent.

On the other hand, TCS, HUL and Tata Motors rose up to 0.93 per cent.

Most of the BSE sectoral indices were trading in the red, led by banking, power, PSU, realty and IT stocks with losses up to 0.90 per cent.

A fresh round of selling by domestic institutional investors (DIIs) also dampened market sentiment here, brokers said.

Meanwhile, DIIs sold shares worth Rs 1,764.4 crore, while foreign portfolio investors (FPIs) bought shares worth a net of Rs 2,134.35 crore on Monday, provisional data showed.

In the Asian region, Hong Kong's Hang Seng was down 0.49 per cent, Japan's Nikkei fell 0.20 per cent, Taiwan shed 0.14 per cent, Korea's Kospi shed 0.19 per cent and Singapore Straits Times was down 0.27 per cent in late morning trade Tuesday.

The US Dow Jones Industrial Average, however, ended 0.23 per cent higher on Monday.

The benchmark BSE Sensex fell over 350 points in early trade Tuesday amid rising tension between India and Pakistan, weak Asian cues and selling pressure on banking, power, IT and power counters.

The benchmark BSE Sensex fell over 350 points in early trade Tuesday amid rising tension between India and Pakistan, weak Asian cues and selling pressure on banking, power, IT and power counters. The Sensex was trading 343.20 points, or 0.95 per cent, down at 35,870.18 after touching a low of 35,842.58. The gauge rallied 342 points in Monday's trade. The 50-share Nifty also fell 105.45 points, or 0.97 per cent, to 10,774.65. According to brokers, domestic investor sentiment took a beating after the Pakistan Army on Tuesday alleged that the Indian Air Force violated the Line of Control (LoC) in Muzafarabad sector. The allegation came amid heightened tension between India and Pakistan after the February 14 suicide attack by Pakistan-based Jaish-e-Mohammad terror group that killed 40 CRPF soldiers in Jammu and Kashmir's Pulwama district. The laggards that dragged the key indices include Yes Bank, Hero MotoCorp, Tata Steel, Vedanta, Sun Pharma, ICICI Bank, SBI, RIL, M&M, Kotak Bank, Bajaj Finance, Infosys, NTPC, HDFC, Maruti Suzuki, Bajaj Auto, IndusInd Bank, L&T, PowerGrid, Axis Bank, HDFC Bank, Asian Paint, ITC and ONGC, falling by up to 2.38 per cent. On the other hand, TCS, HUL and Tata Motors rose up to 0.93 per cent. Most of the BSE sectoral indices were trading in the red, led by banking, power, PSU, realty and IT stocks with losses up to 0.90 per cent. A fresh round of selling by domestic institutional investors (DIIs) also dampened market sentiment here, brokers said. Meanwhile, DIIs sold shares worth Rs 1,764.4 crore, while foreign portfolio investors (FPIs) bought shares worth a net of Rs 2,134.35 crore on Monday, provisional data showed. In the Asian region, Hong Kong's Hang Seng was down 0.49 per cent, Japan's Nikkei fell 0.20 per cent, Taiwan shed 0.14 per cent, Korea's Kospi shed 0.19 per cent and Singapore Straits Times was down 0.27 per cent in late morning trade Tuesday. The US Dow Jones Industrial Average, however, ended 0.23 per cent higher on Monday.

Sensex cracks over 350 points; Nifty below 10,800

The rupee depreciated 30 paise to 71.30 against the US dollar in early trade Tuesday at the forex market on fresh demand for the US currency from importers.

Strength in dollar against some currencies overseas and a lower opening in domestic equities kept pressure on the domestic unit, dealers said.

On Monday, the rupee firmed up by 17 paise to close at 70.97 against the US dollar in line with most Asian currencies amid hopes that the US and China will soon reach an agreement to settle their trade tariff issues.

Meanwhile, the benchmark BSE Sensex fell 349.78 points, or 0.97 per cent, to 35,863.60 in opening deals Tuesday.&nbsp;

The rupee depreciated 30 paise to 71.30 against the US dollar in early trade Tuesday at the forex market on fresh demand for the US currency from importers. Strength in dollar against some currencies overseas and a lower opening in domestic equities kept pressure on the domestic unit, dealers said.

The rupee depreciated 30 paise to 71.30 against the US dollar in early trade Tuesday at the forex market on fresh demand for the US currency from importers. Strength in dollar against some currencies overseas and a lower opening in domestic equities kept pressure on the domestic unit, dealers said. On Monday, the rupee firmed up by 17 paise to close at 70.97 against the US dollar in line with most Asian currencies amid hopes that the US and China will soon reach an agreement to settle their trade tariff issues. Meanwhile, the benchmark BSE Sensex fell 349.78 points, or 0.97 per cent, to 35,863.60 in opening deals Tuesday.

Rupee sheds 30 paise against US dollar in early trade

The domestic stock market on Monday opened in green with BSE Sensex starting the day at 35, 983.80 and Nifty at 10,813.25.

As compared to its previous close on Friday at 35,871.48, Sensex registered a jump of over 100 points in early trade. Nifty, on the other hand, opened almost 16 points higher as compared to its close on Friday.&nbsp;

Meanwhile, the <a href="http://www.wionews.com/business-economy/rupee-gains-16-paise-against-us-dollar-amid-foreign-fund-inflows-199552">Indian currency firmed 14 paise</a> to 70.98 against the dollar in opening trade Monday after the greenback came under pressure against some currencies amid foreign fund inflows and a higher opening of domestic equity markets, news agency PTI reported.&nbsp;

On Friday, the rupee had gained 10 paise to end at 71.14 against the US dollar.

The domestic stock market on Monday opened in green with BSE Sensex starting the day at 35, 983.80 and Nifty at 10,813.25. As compared to its previous close on Friday at 35,871.

The domestic stock market on Monday opened in green with BSE Sensex starting the day at 35, 983.80 and Nifty at 10,813.25. As compared to its previous close on Friday at 35,871.48, Sensex registered a jump of over 100 points in early trade. Nifty, on the other hand, opened almost 16 points higher as compared to its close on Friday. Meanwhile, the Indian currency firmed 14 paise to 70.98 against the dollar in opening trade Monday after the greenback came under pressure against some currencies amid foreign fund inflows and a higher opening of domestic equity markets, news agency PTI reported. On Friday, the rupee had gained 10 paise to end at 71.14 against the US dollar.

Markets open in green, Sensex rises over 100 points in opening trade

The rupee firmed 14 paise to 70.98 against the dollar in opening trade Monday after the greenback came under pressure against some currencies amid foreign fund inflows and a higher opening of domestic equity markets.

Forex dealers said weakness in the dollar against some other currencies overseas as expectations of a trade deal between the US and China, and foreign capital inflows in the domestic equity markets supported the rupee.

At the interbank forex market, the rupee opened with strength at 71 and advanced further to quote 16 paise higher at 70.98 against the dollar.

According to provisional exchange data, foreign portfolio investors (FPIs) bought shares worth a net of Rs 6,311.01 crore on net basis on Friday.

On Friday, the rupee had gained 10 paise to end at 71.14 against the US dollar.

Meanwhile, the benchmark BSE Sensex rose 140.29 points, or 0.38 per cent, to 36,011.77 in opening session Monday.&nbsp;

The rupee firmed 14 paise to 70.98 against the dollar in opening trade Monday after the greenback came under pressure against some currencies amid foreign fund inflows and a higher opening of domestic equity markets.

The rupee firmed 14 paise to 70.98 against the dollar in opening trade Monday after the greenback came under pressure against some currencies amid foreign fund inflows and a higher opening of domestic equity markets. Forex dealers said weakness in the dollar against some other currencies overseas as expectations of a trade deal between the US and China, and foreign capital inflows in the domestic equity markets supported the rupee. At the interbank forex market, the rupee opened with strength at 71 and advanced further to quote 16 paise higher at 70.98 against the dollar. According to provisional exchange data, foreign portfolio investors (FPIs) bought shares worth a net of Rs 6,311.01 crore on net basis on Friday. On Friday, the rupee had gained 10 paise to end at 71.14 against the US dollar. Meanwhile, the benchmark BSE Sensex rose 140.29 points, or 0.38 per cent, to 36,011.77 in opening session Monday.

Rupee gains 16 paise against US dollar amid foreign fund inflows

The rupee inched up 2 paise to 71.22 against the US dollar in early trade Friday amid a dip in crude oil prices and fresh foreign fund inflows.

At the Interbank Foreign Exchange (forex) market, the local unit opened almost flat at 71.23 and stayed in a narrow range.

The rupee had skidded by 13 paise to close at 71.24 against the US dollar Thursday.

Foreign institutional investors (FIIs) net bought equities worth Rs 55 crore Thursday while domestic institutional investors bought shares to the tune of Rs 202 crore, provisional data showed.

Brent crude futures, the global oil benchmark, was trading 0.25 per cent lower at USD 66.90 per barrel.

The dollar index, which gauges the greenback's strength against a basket of six currencies, traded flat at 96.60.

Meanwhile, the benchmark BSE Sensex fell 56.40 points, or 0.16 per cent, to 35,841.95 in opening trade Friday.

The rupee inched up 2 paise to 71.22 against the US dollar in early trade Friday amid a dip in crude oil prices and fresh foreign fund inflows. At the Interbank Foreign Exchange (forex) market, the local unit opened almost flat at 71.

The rupee inched up 2 paise to 71.22 against the US dollar in early trade Friday amid a dip in crude oil prices and fresh foreign fund inflows. At the Interbank Foreign Exchange (forex) market, the local unit opened almost flat at 71.23 and stayed in a narrow range. The rupee had skidded by 13 paise to close at 71.24 against the US dollar Thursday. Foreign institutional investors (FIIs) net bought equities worth Rs 55 crore Thursday while domestic institutional investors bought shares to the tune of Rs 202 crore, provisional data showed. Brent crude futures, the global oil benchmark, was trading 0.25 per cent lower at USD 66.90 per barrel. The dollar index, which gauges the greenback's strength against a basket of six currencies, traded flat at 96.60. Meanwhile, the benchmark BSE Sensex fell 56.40 points, or 0.16 per cent, to 35,841.95 in opening trade Friday.

Rupee gains 2 paise to 71.22 vs US dollar

The rupee darted up 9 paise to 71.02 against the US dollar in early trade Thursday amid a reversal in foreign fund outflows even as oil prices hardened.

At the Interbank Foreign Exchange (forex) market, the domestic unit opened slightly higher at 71.06 and built on the gains to reach 71.02.&nbsp;

Snapping a four-session downturn, the rupee had appreciated by 23 paise to end at 71.11 against the US dollar Wednesday.&nbsp;

Foreign institutional investors (FIIs), who had been heavy sellers over the past few sessions, net bought equities worth Rs 713.47 crore Wednesday, provisional data showed.&nbsp;

Brent crude futures, the global oil benchmark, was trading 0.24 per cent higher at US $67.24 per barrel.

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.07 per cent to 96.52.

Meanwhile, the benchmark BSE Sensex climbed 19.16 points, or 0.05 per cent, to trade at 35,775.42 in early trade Thursday.&nbsp;

The rupee darted up 9 paise to 71.02 against the US dollar in early trade Thursday amid a reversal in foreign fund outflows even as oil prices hardened. At the Interbank Foreign Exchange (forex) market, the domestic unit opened slightly higher at 71.

The rupee darted up 9 paise to 71.02 against the US dollar in early trade Thursday amid a reversal in foreign fund outflows even as oil prices hardened. At the Interbank Foreign Exchange (forex) market, the domestic unit opened slightly higher at 71.06 and built on the gains to reach 71.02. Snapping a four-session downturn, the rupee had appreciated by 23 paise to end at 71.11 against the US dollar Wednesday. Foreign institutional investors (FIIs), who had been heavy sellers over the past few sessions, net bought equities worth Rs 713.47 crore Wednesday, provisional data showed. Brent crude futures, the global oil benchmark, was trading 0.24 per cent higher at US $67.24 per barrel. The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.07 per cent to 96.52. Meanwhile, the benchmark BSE Sensex climbed 19.16 points, or 0.05 per cent, to trade at 35,775.42 in early trade Thursday.

Rupee rises 9 paise to 71.02 vs US dollar

The rupee inched up 3 paise to 71.31 against the US dollar in early trade Wednesday even as foreign fund outflows continued amid firming oil prices.

At the Interbank Foreign Exchange (forex) market, the domestic unit opened strong at 71.29 but gave up the gains to trade at 71.31.

The rupee had closed at 71.34 versus the greenback Monday. Money markets were closed Tuesday on account of Chhatrapati Shivaji Jayanti.

Foreign institutional investors (FIIs) remained in sell-off mode, offloading shares worth a net Rs 813.76 crore Tuesday, while domestic institutional investors (DIIs) bought equities to the tune of Rs 1,163.85 crore, provisional data showed.

Brent crude futures, the global oil benchmark, was trading 0.14 per cent higher at USD 66.54 per barrel.

The dollar index, which gauges the greenback's strength against a basket of six currencies, was marginally down by 0.01 per cent at 96.51.

Meanwhile, the benchmark BSE Sensex rose after nine straight sessions of fall. It rebounded 282.75 points, or 0.80 per cent, to 35,635.36 in early session Wednesday.&nbsp;

The rupee inched up 3 paise to 71.31 against the US dollar in early trade Wednesday even as foreign fund outflows continued amid firming oil prices. At the Interbank Foreign Exchange (forex) market, the domestic unit opened strong at 71.

The rupee inched up 3 paise to 71.31 against the US dollar in early trade Wednesday even as foreign fund outflows continued amid firming oil prices. At the Interbank Foreign Exchange (forex) market, the domestic unit opened strong at 71.29 but gave up the gains to trade at 71.31. The rupee had closed at 71.34 versus the greenback Monday. Money markets were closed Tuesday on account of Chhatrapati Shivaji Jayanti. Foreign institutional investors (FIIs) remained in sell-off mode, offloading shares worth a net Rs 813.76 crore Tuesday, while domestic institutional investors (DIIs) bought equities to the tune of Rs 1,163.85 crore, provisional data showed. Brent crude futures, the global oil benchmark, was trading 0.14 per cent higher at USD 66.54 per barrel. The dollar index, which gauges the greenback's strength against a basket of six currencies, was marginally down by 0.01 per cent at 96.51. Meanwhile, the benchmark BSE Sensex rose after nine straight sessions of fall. It rebounded 282.75 points, or 0.80 per cent, to 35,635.36 in early session Wednesday.

Rupee rises 3 paise to 71.31 vs US dollar

The rupee weakened by 15 paise to trade at 71.38 against the US dollar in early trade Monday amid heavy foreign fund outflows and subdued domestic equity markets.

At the forex market, the domestic unit opened weak at 71.35 and slipped further to 71.46. However, it pared some losses to trade at 71.38.

The rupee had closed 7 paise lower against the greenback Friday at 71.23. On a weekly basis, it had registered a loss of 8 paise.

Foreign portfolio investors (FPIs) sold shares worth a net Rs 966.43 crore, while domestic institutional investors (DIIs) bought equities to the tune of Rs 853.25 crore Friday, provisional data showed.

Brent crude futures, the global oil benchmark, was trading 0.11 per cent lower at US $66.19 per barrel.

The dollar index, which gauges the greenback's strength against a basket of six currencies, dipped 0.17 per cent to 96.74.

Meanwhile, the benchmark BSE Sensex fell 111.30 points, or 0.31 per cent, to 35,690.58 in early trade. 
&nbsp;

The rupee weakened by 15 paise to trade at 71.38 against the US dollar in early trade Monday amid heavy foreign fund outflows and subdued domestic equity markets.

The rupee weakened by 15 paise to trade at 71.38 against the US dollar in early trade Monday amid heavy foreign fund outflows and subdued domestic equity markets. At the forex market, the domestic unit opened weak at 71.35 and slipped further to 71.46. However, it pared some losses to trade at 71.38. The rupee had closed 7 paise lower against the greenback Friday at 71.23. On a weekly basis, it had registered a loss of 8 paise. Foreign portfolio investors (FPIs) sold shares worth a net Rs 966.43 crore, while domestic institutional investors (DIIs) bought equities to the tune of Rs 853.25 crore Friday, provisional data showed. Brent crude futures, the global oil benchmark, was trading 0.11 per cent lower at US $66.19 per barrel. The dollar index, which gauges the greenback's strength against a basket of six currencies, dipped 0.17 per cent to 96.74. Meanwhile, the benchmark BSE Sensex fell 111.30 points, or 0.31 per cent, to 35,690.58 in early trade.

Rupee slides 15 paise vs US $ in early trade

The rupee appreciated by another 26 paise to 70.44 against the US dollar in opening trade Wednesday after retail inflation fell to a 19-month low of 2.05 per cent in January.

The weakness in the dollar against some currencies overseas as investors shifted their focus to riskier asset amid the US-China trade truce hopes, also supported the rupee's up move.

Besides, retail inflation falling to a 19-month low of 2.05 per cent in January over the previous month, and selling of the American currency by exporters supported the rupee, forex dealers said.

Industrial output growth remained subdued at 2.4 per cent in December 2018 on account of contraction in the mining segment and poor show by the manufacturing sector.

The rupee had gained 48 paise to end at a one-month high of 70.70 against the US dollar Tuesday, registering its sixth straight session of gain.

In the last six trading sessions, the rupee has gained 110 paise.

The benchmark BSE Sensex rose 184.68 points, or 0.51 per cent, to trade at 36,338.30.

The rupee appreciated by another 26 paise to 70.44 against the US dollar in opening trade Wednesday after retail inflation fell to a 19-month low of 2.05 per cent in January.

The rupee appreciated by another 26 paise to 70.44 against the US dollar in opening trade Wednesday after retail inflation fell to a 19-month low of 2.05 per cent in January. The weakness in the dollar against some currencies overseas as investors shifted their focus to riskier asset amid the US-China trade truce hopes, also supported the rupee's up move. Besides, retail inflation falling to a 19-month low of 2.05 per cent in January over the previous month, and selling of the American currency by exporters supported the rupee, forex dealers said. Industrial output growth remained subdued at 2.4 per cent in December 2018 on account of contraction in the mining segment and poor show by the manufacturing sector. The rupee had gained 48 paise to end at a one-month high of 70.70 against the US dollar Tuesday, registering its sixth straight session of gain. In the last six trading sessions, the rupee has gained 110 paise. The benchmark BSE Sensex rose 184.68 points, or 0.51 per cent, to trade at 36,338.30.

Rupee gains 26 paise against US dollar in opening trade

The rupee strengthened by 6 paise at 71.12 against the dollar in opening trade Tuesday, maintaining its upward trend for the sixth straight day on continued selling of the US currency by exporters and banks.

Besides, optimism ahead of index of industrial production (IIP) numbers for December and retail inflation for January, and the dollar weakening against some other currencies overseas, also supported the rupee, forex dealers said.

A positive opening in the domestic equity market gave the uptrend some momentum, they added.

The rupee opened lower at 71.21, but recovered to trade 6 paise higher at 71.12 against the dollar.

The benchmark BSE Sensex rose 22.20 points, or 0.06 per cent, to 36,417.23 in early session Tuesday.

On Monday, the rupee had ended higher by 13 paise to close at 71.18 against the dollar on easing crude oil prices, even as the greenback strengthened vis-a-vis other major currencies.&nbsp;

The rupee strengthened by 6 paise at 71.12 against the dollar in opening trade Tuesday, maintaining its upward trend for the sixth straight day on continued selling of the US currency by exporters and banks.

The rupee strengthened by 6 paise at 71.12 against the dollar in opening trade Tuesday, maintaining its upward trend for the sixth straight day on continued selling of the US currency by exporters and banks. Besides, optimism ahead of index of industrial production (IIP) numbers for December and retail inflation for January, and the dollar weakening against some other currencies overseas, also supported the rupee, forex dealers said. A positive opening in the domestic equity market gave the uptrend some momentum, they added. The rupee opened lower at 71.21, but recovered to trade 6 paise higher at 71.12 against the dollar. The benchmark BSE Sensex rose 22.20 points, or 0.06 per cent, to 36,417.23 in early session Tuesday. On Monday, the rupee had ended higher by 13 paise to close at 71.18 against the dollar on easing crude oil prices, even as the greenback strengthened vis-a-vis other major currencies.

Rupee gains 6 paise against dollar in opening trade

Rising for the fifth straight day, the rupee firmed up by another 9 paise to 71.22 against the dollar in opening trade Monday on increased selling of the American currency by exporters amid foreign fund inflows.

Forex dealers said weakness in the dollar against some other currencies overseas and foreign capital inflows in the domestic equity markets supported the rupee, but a lower opening of the domestic equity market capped the gains.

At the interbank forex exchange, the rupee started lower at 71.37 and softened to 71.44 against the US dollar, but regained strength to quote 9 paise higher at 71.22 against the last close of 71.31.

According to provisional exchange data, foreign portfolio investors (FPIs) bought shares worth a net Rs 843.73 crore on net basis on Friday.

On Friday, the rupee had ended 14 paise higher at 71.31 against the US dollar.

Meanwhile, the benchmark BSE Sensex fell 177.02 points, or 0.44 per cent, to 36,369.46 in early trade Monday.&nbsp;

Rising for the fifth straight day, the rupee firmed up by another 9 paise to 71.22 against the dollar in opening trade Monday on increased selling of the American currency by exporters amid foreign fund inflows.

Rising for the fifth straight day, the rupee firmed up by another 9 paise to 71.22 against the dollar in opening trade Monday on increased selling of the American currency by exporters amid foreign fund inflows. Forex dealers said weakness in the dollar against some other currencies overseas and foreign capital inflows in the domestic equity markets supported the rupee, but a lower opening of the domestic equity market capped the gains. At the interbank forex exchange, the rupee started lower at 71.37 and softened to 71.44 against the US dollar, but regained strength to quote 9 paise higher at 71.22 against the last close of 71.31. According to provisional exchange data, foreign portfolio investors (FPIs) bought shares worth a net Rs 843.73 crore on net basis on Friday. On Friday, the rupee had ended 14 paise higher at 71.31 against the US dollar. Meanwhile, the benchmark BSE Sensex fell 177.02 points, or 0.44 per cent, to 36,369.46 in early trade Monday.

Rupee gains 9 paise against dollar in early trade

The rupee Wednesday appreciated by 8 paise to 71.49 in early trade on the forex market amid a positive opening in domestic equities and fresh foreign fund inflows.

Forex traders said investors were cautious ahead RBI's Monetary Policy Committee outcome scheduled for February 7.

Moreover, rising crude prices capped the gains for the domestic unit.

At the Interbank Foreign Exchange, the rupee opened higher at 71.56 then gained further ground to touch 71.49 against the US $, showing a gain of 8 paise over its previous closing.

In a very volatile trade, the domestic currency also touched a low of 71.60, showing a loss of 3 paise over its last close.

On Tuesday, the rupee had settled 23 paise higher at 71.57 against the US $.

Foreign funds purchased shares worth Rs 420.65 crore on a net basis, and domestic institutional investors bought shares worth Rs 194.31 crore Tuesday, provisional data showed.

The global benchmark, Brent crude oil was trading at the US $ 62.02 per barrel, higher by 0.06 per cent.

Meanwhile, the domestic equity market opened on a higher note. The 30-share BSE benchmark Sensex was trading at 36,833.84, up 217.03 points in early trade. The wide-based Nifty was also trading up by 65 points at 10,999.35.&nbsp; 
&nbsp;

The rupee Wednesday appreciated by 8 paise to 71.49 in early trade on the forex market amid a positive opening in domestic equities and fresh foreign fund inflows.

The rupee Wednesday appreciated by 8 paise to 71.49 in early trade on the forex market amid a positive opening in domestic equities and fresh foreign fund inflows. Forex traders said investors were cautious ahead RBI's Monetary Policy Committee outcome scheduled for February 7. Moreover, rising crude prices capped the gains for the domestic unit. At the Interbank Foreign Exchange, the rupee opened higher at 71.56 then gained further ground to touch 71.49 against the US $, showing a gain of 8 paise over its previous closing. In a very volatile trade, the domestic currency also touched a low of 71.60, showing a loss of 3 paise over its last close. On Tuesday, the rupee had settled 23 paise higher at 71.57 against the US $. Foreign funds purchased shares worth Rs 420.65 crore on a net basis, and domestic institutional investors bought shares worth Rs 194.31 crore Tuesday, provisional data showed. The global benchmark, Brent crude oil was trading at the US $ 62.02 per barrel, higher by 0.06 per cent. Meanwhile, the domestic equity market opened on a higher note. The 30-share BSE benchmark Sensex was trading at 36,833.84, up 217.03 points in early trade. The wide-based Nifty was also trading up by 65 points at 10,999.35.

Rupee gains 8 paise to 71.49 vs US dollar

The rupee appreciated by 13 paise to 71.67 against the US dollar in opening trade Tuesday, driven by positive opening in domestic equities and weakening of the greenback in overseas markets.

Forex dealers said investors were cautious ahead RBI's Monetary Policy Committee outcome scheduled for February 7. However, selling of the American currency by exporters supported the rupee.

The rupee opened strong at 71.72 at the interbank forex market then gained further ground to touch 71.67 per dollar amid a positive opening in domestic equities, displaying gains of the 13 paise against the greenback.

On Monday, the rupee had plunged by 55 paise to close at 71.80 against the US dollar.

Forex traders said, sustained foreign fund outflows and surging crude oil prices restricted the rupee up move.

Foreign funds pulled out Rs 112.13 crore from the capital markets on a net basis, while domestic institutional investors sold shares worth Rs 65.22 crore Monday, provisional data showed.

Meanwhile, Brent crude, the global benchmark, was trading higher at 62.79 per barrel higher by 0.45 per cent.

The benchmark BSE Sensex was trading with gains of 29.40 points, or 0.08 per cent to quote at 36,612.14 while the NSE Nifty was trading at 10,920.75, up 8.50 points, or 0.08 per cent.

The rupee appreciated by 13 paise to 71.67 against the US dollar in opening trade Tuesday, driven by positive opening in domestic equities and weakening of the greenback in overseas markets.

The rupee appreciated by 13 paise to 71.67 against the US dollar in opening trade Tuesday, driven by positive opening in domestic equities and weakening of the greenback in overseas markets. Forex dealers said investors were cautious ahead RBI's Monetary Policy Committee outcome scheduled for February 7. However, selling of the American currency by exporters supported the rupee. The rupee opened strong at 71.72 at the interbank forex market then gained further ground to touch 71.67 per dollar amid a positive opening in domestic equities, displaying gains of the 13 paise against the greenback. On Monday, the rupee had plunged by 55 paise to close at 71.80 against the US dollar. Forex traders said, sustained foreign fund outflows and surging crude oil prices restricted the rupee up move. Foreign funds pulled out Rs 112.13 crore from the capital markets on a net basis, while domestic institutional investors sold shares worth Rs 65.22 crore Monday, provisional data showed. Meanwhile, Brent crude, the global benchmark, was trading higher at 62.79 per barrel higher by 0.45 per cent. The benchmark BSE Sensex was trading with gains of 29.40 points, or 0.08 per cent to quote at 36,612.14 while the NSE Nifty was trading at 10,920.75, up 8.50 points, or 0.08 per cent.

Rupee rises 13 paise to 71.67 vs US dollar

The rupee on Monday dropped by 55 paise to close at 71.80 to the US dollar, the lowest level since December 17, ahead of the Reserve Bank of India's policy review meet.

This is the second straight session of loss for the domestic unit, during which it lost a total 72 paise.

Forex traders said foreign fund outflows and a stronger dollar following blockbuster US employment and factory data impacted the rupee sentiment.

Moreover, investors were cautious ahead of the next meeting of RBI's Monetary Policy Committee scheduled during February 5-7.

At the Interbank Foreign Exchange (forex) market, the rupee opened lower at 71.57 and fell further to touch the day's low of 71.82.

The domestic unit pared some losses before ending at 71.80 per dollar, down by 55 paise against its previous close.

On Friday, the rupee had settled 17 paise lower at 71.25 against the US dollar.

"Brent crude rose for fifth straight day to gain almost 6 per cent in last one week. The resultant pressure on Indian rupee is visible as it is trading lower," Sanctum Wealth Management Chief Investment Officer Sunil Sharma said.

Brent crude, the global oil benchmark, was trading at $62.97 per barrel, higher by 0.16 per cent.

Forex traders said concerns related to fiscal slippage weighed on the sentiment.&nbsp;

"The fiscal deficit for the current financial year is likely to be around 3.4 per cent of GDP, marginally higher than the targeted 3.3 per cent," said V K Sharma, Head PCG &amp; Capital Markets Strategy, HDFC Securities.

The benchmark BSE Sensex Monday recovered from the day's low to end 113.31 points or 0.31 per cent, higher at 36,582.74. The NSE Nifty also edged higher by 18.60 points, or 0.17 per cent, to close at 10,912.25.

Meanwhile, foreign funds sold shares worth Rs 112.13 crore from the capital markets on a net basis Friday, while domestic institutional investors sold shares worth Rs 65.22 crore, provisional data showed.

The Financial Benchmark India Private Ltd (FBIL) set the reference rate for the rupee/dollar at 71.6580 and for rupee/euro at 81.9997. The reference rate for rupee/British pound was fixed at 93.7067 and for rupee/100 Japanese yen at 65.29.

The rupee on Monday dropped by 55 paise to close at 71.80 to the US dollar, the lowest level since December 17, ahead of the Reserve Bank of India's policy review meet.

The rupee on Monday dropped by 55 paise to close at 71.80 to the US dollar, the lowest level since December 17, ahead of the Reserve Bank of India's policy review meet. This is the second straight session of loss for the domestic unit, during which it lost a total 72 paise. Forex traders said foreign fund outflows and a stronger dollar following blockbuster US employment and factory data impacted the rupee sentiment. Moreover, investors were cautious ahead of the next meeting of RBI's Monetary Policy Committee scheduled during February 5-7. At the Interbank Foreign Exchange (forex) market, the rupee opened lower at 71.57 and fell further to touch the day's low of 71.82. The domestic unit pared some losses before ending at 71.80 per dollar, down by 55 paise against its previous close. On Friday, the rupee had settled 17 paise lower at 71.25 against the US dollar. "Brent crude rose for fifth straight day to gain almost 6 per cent in last one week. The resultant pressure on Indian rupee is visible as it is trading lower," Sanctum Wealth Management Chief Investment Officer Sunil Sharma said. Brent crude, the global oil benchmark, was trading at $62.97 per barrel, higher by 0.16 per cent. Forex traders said concerns related to fiscal slippage weighed on the sentiment. "The fiscal deficit for the current financial year is likely to be around 3.4 per cent of GDP, marginally higher than the targeted 3.3 per cent," said V K Sharma, Head PCG & Capital Markets Strategy, HDFC Securities. The benchmark BSE Sensex Monday recovered from the day's low to end 113.31 points or 0.31 per cent, higher at 36,582.74. The NSE Nifty also edged higher by 18.60 points, or 0.17 per cent, to close at 10,912.25. Meanwhile, foreign funds sold shares worth Rs 112.13 crore from the capital markets on a net basis Friday, while domestic institutional investors sold shares worth Rs 65.22 crore, provisional data showed. The Financial Benchmark India Private Ltd (FBIL) set the reference rate for the rupee/dollar at 71.6580 and for rupee/euro at 81.9997. The reference rate for rupee/British pound was fixed at 93.7067 and for rupee/100 Japanese yen at 65.29.

Rupee slumps 55 paise to 71.80 US dollar

The rupee Friday depreciated by 9 paise to 71.17 in early trade on the forex market amid strengthening of the American currency and caution ahead of interim budget.

Forex traders said strengthening of the US dollar against some currencies overseas, focus on interim budget and rising crude oil prices weighed on the local unit.

The current government is set to present its last Budget Friday, which is expected to have major announcements to support the farm sector and spur consumption.

At the Interbank Foreign Exchange, the rupee opened at 71.08 then fell further to 71.17 against the US dollar, showing a decline of 9 paise over its previous closing.

On Thursday, the rupee had settled 4 paise higher at 71.08 against the US dollar.

However, positive opening in domestic equities and fresh foreign fund inflows capped the losses for the domestic unit.

Foreign funds bought shares worth Rs 3,006.41 crore from the capital markets on a net basis Thursday, while domestic institutional investors sold shares worth Rs 1,634.32 crore, provisional data showed.

The global benchmark, brent crude oil was trading at $61.49 per barrel, higher by 0.28 per cent.

Meanwhile, domestic equity market opened on a higher note. The 30-share BSE benchmark Sensex was trading at 36,364.70, up 106.13 points in early trade. The wide-based Nifty was also trading up by 30.20 points at 10,861.15.&nbsp;

The rupee Friday depreciated by 9 paise to 71.17 in early trade on the forex market amid strengthening of the American currency and caution ahead of interim budget.

The rupee Friday depreciated by 9 paise to 71.17 in early trade on the forex market amid strengthening of the American currency and caution ahead of interim budget. Forex traders said strengthening of the US dollar against some currencies overseas, focus on interim budget and rising crude oil prices weighed on the local unit. The current government is set to present its last Budget Friday, which is expected to have major announcements to support the farm sector and spur consumption. At the Interbank Foreign Exchange, the rupee opened at 71.08 then fell further to 71.17 against the US dollar, showing a decline of 9 paise over its previous closing. On Thursday, the rupee had settled 4 paise higher at 71.08 against the US dollar. However, positive opening in domestic equities and fresh foreign fund inflows capped the losses for the domestic unit. Foreign funds bought shares worth Rs 3,006.41 crore from the capital markets on a net basis Thursday, while domestic institutional investors sold shares worth Rs 1,634.32 crore, provisional data showed. The global benchmark, brent crude oil was trading at $61.49 per barrel, higher by 0.28 per cent. Meanwhile, domestic equity market opened on a higher note. The 30-share BSE benchmark Sensex was trading at 36,364.70, up 106.13 points in early trade. The wide-based Nifty was also trading up by 30.20 points at 10,861.15.

Rupee slips 9 paise to 71.17 against US dollar in early trade; focus on interim budget

The rupee appreciated by 26 paise to 70.86 against the US dollar in opening trade Thursday, driven by weakening of the greenback in overseas markets after the US Fed kept interest rate unchanged.

The US dollar weakened in the overseas market after the Federal Reserve left the key US lending rate unchanged on Wednesday, and said it would be "patient" about making any further changes.

Besides selling of the American currency by exporters, forex traders said fresh foreign fund inflows and positive opening in domestic equities also supported the rupee up move, while surging crude oil prices restricted the uptrend.

The rupee opened strong at 70.92 at the interbank forex market then gained further ground and touched 70.86 amid weakening of the American currency, displaying gains of 26 paise over its last close.

The rupee Wednesday had weakened by just 1 paise to close at 71.12 against the US dollar.

Foreign funds purchased shares worth Rs 130.25 crore from the capital markets on a net basis, and domestic institutional investors also bought shares worth Rs 502.26 crore Wednesday, provisional data showed. 
Brent crude, the global benchmark, was trading higher at per 62.20 barrel up by 0.89 per cent.

Meanwhile, the benchmark BSE Sensex was trading higher by 246.08 points, or 0.65 per cent to quote at 35,822.38 while the NSE Nifty was trading at 10,705.60, higher by 53.80 points, or 0.51 per cent.

The rupee appreciated by 26 paise to 70.86 against the US dollar in opening trade Thursday, driven by weakening of the greenback in overseas markets after the US Fed kept interest rate unchanged.

The rupee appreciated by 26 paise to 70.86 against the US dollar in opening trade Thursday, driven by weakening of the greenback in overseas markets after the US Fed kept interest rate unchanged. The US dollar weakened in the overseas market after the Federal Reserve left the key US lending rate unchanged on Wednesday, and said it would be "patient" about making any further changes. Besides selling of the American currency by exporters, forex traders said fresh foreign fund inflows and positive opening in domestic equities also supported the rupee up move, while surging crude oil prices restricted the uptrend. The rupee opened strong at 70.92 at the interbank forex market then gained further ground and touched 70.86 amid weakening of the American currency, displaying gains of 26 paise over its last close. The rupee Wednesday had weakened by just 1 paise to close at 71.12 against the US dollar. Foreign funds purchased shares worth Rs 130.25 crore from the capital markets on a net basis, and domestic institutional investors also bought shares worth Rs 502.26 crore Wednesday, provisional data showed. Brent crude, the global benchmark, was trading higher at per 62.20 barrel up by 0.89 per cent. Meanwhile, the benchmark BSE Sensex was trading higher by 246.08 points, or 0.65 per cent to quote at 35,822.38 while the NSE Nifty was trading at 10,705.60, higher by 53.80 points, or 0.51 per cent.

Rupee gains 26 paise to 70.86 against US dollar as Fed keeps rates unchanged

The rupee appreciated by 19 paise to 70.98 against the US dollar in opening trade Monday, driven by the weakening of the greenback in overseas markets and easing crude prices.

The<a href="http://www.wionews.com/business-economy/rupee-rises-10-paise-against-us-dollar-in-early-trade-192624"> rupee opened</a> strong at 70.99 at the interbank forex market then gained further ground and touched 70.98 amid easing crude prices, displaying gains of 19 paise against the greenback over its last close.

 
The rupee Friday weakened by 10 paise to close at 71.17 against the US dollar.

Forex dealers said, easing crude oil prices and selling of the American currency by exporters supported the rupee, while a lower opening in the domestic equity market restricted the uptrend.

Brent crude, the global benchmark, was trading lower at per 61.36 barrel lower by 0.45 per cent.

Meanwhile, the benchmark BSE Sensex was trading lower by 180.02 points, or 0.50 per cent to quote at 35,845.52 while the NSE Nifty was trading at 10,719.85, down 60.70 points, or 0.56 per cent.

Forex traders said, fresh foreign fund inflows also supported the rupee up move.

Foreign funds purchased shares worth Rs 689.28 crore from the capital markets on a net basis, while domestic institutional investors sold shares worth Rs 147.35 crore Friday, provisional data showed.

The rupee appreciated by 19 paise to 70.98 against the US dollar in opening trade Monday, driven by the weakening of the greenback in overseas markets and easing crude prices.

The rupee appreciated by 19 paise to 70.98 against the US dollar in opening trade Monday, driven by the weakening of the greenback in overseas markets and easing crude prices. The rupee opened strong at 70.99 at the interbank forex market then gained further ground and touched 70.98 amid easing crude prices, displaying gains of 19 paise against the greenback over its last close. The rupee Friday weakened by 10 paise to close at 71.17 against the US dollar. Forex dealers said, easing crude oil prices and selling of the American currency by exporters supported the rupee, while a lower opening in the domestic equity market restricted the uptrend. Brent crude, the global benchmark, was trading lower at per 61.36 barrel lower by 0.45 per cent. Meanwhile, the benchmark BSE Sensex was trading lower by 180.02 points, or 0.50 per cent to quote at 35,845.52 while the NSE Nifty was trading at 10,719.85, down 60.70 points, or 0.56 per cent. Forex traders said, fresh foreign fund inflows also supported the rupee up move. Foreign funds purchased shares worth Rs 689.28 crore from the capital markets on a net basis, while domestic institutional investors sold shares worth Rs 147.35 crore Friday, provisional data showed.

Rupee opens 19 paise higher at 70.98 against US dollar

Continuing its upward journey for a third straight day, the rupee strengthened by another 10 paise to 70.97 against the US dollar at the interbank forex market Friday on increased selling of the American currency by exporters and banks.

Dealers said dollar's weakness against some currencies overseas and early gains in domestic equity market supported the rupee.

On Thursday, the rupee had gained 26 paise to end at 71.07 against the US dollar as gains in domestic equities bolstered forex market sentiments.

The benchmark BSE Sensex rallied by 253.42 points, or 0.71 per cent, to 36,448.52 in opening trade Friday.&nbsp;

Meanwhile, foreign portfolio investors (FPIs) sold shares worth a net of Rs 94.45 crore, and domestic institutional investors (DIIs) purchased shares worth Rs 389.96 crore Thursday, provisional data showed.

Continuing its upward journey for a third straight day, the rupee strengthened by another 10 paise to 70.97 against the US dollar at the interbank forex market Friday on increased selling of the American currency by exporters and banks.

Continuing its upward journey for a third straight day, the rupee strengthened by another 10 paise to 70.97 against the US dollar at the interbank forex market Friday on increased selling of the American currency by exporters and banks. Dealers said dollar's weakness against some currencies overseas and early gains in domestic equity market supported the rupee. On Thursday, the rupee had gained 26 paise to end at 71.07 against the US dollar as gains in domestic equities bolstered forex market sentiments. The benchmark BSE Sensex rallied by 253.42 points, or 0.71 per cent, to 36,448.52 in opening trade Friday. Meanwhile, foreign portfolio investors (FPIs) sold shares worth a net of Rs 94.45 crore, and domestic institutional investors (DIIs) purchased shares worth Rs 389.96 crore Thursday, provisional data showed.

Rupee rises 10 paise against US dollar in early trade

The rupee strengthened 14 paise to 71.19 against the dollar at the interbank forex market Thursday on increased selling of the American currency by exporters and banks.

Dealers said dollar's weakness against other currencies overseas amid fears of a slowing global economy and US government's record-long shutdown and early gains in domestic equity markets supported the rupee.

On Wednesday, the rupee had snapped its three-day losing streak and settled higher by 11 paise at 71.33 against the US dollar.

The benchmark BSE Sensex recovered by 28.27 points, or 0.08 per cent, to 36,136.74 after rising to 36,178.36 in opening trade Thursday.

The rupee strengthened 14 paise to 71.19 against the dollar at the interbank forex market Thursday on increased selling of the American currency by exporters and banks.

The rupee strengthened 14 paise to 71.19 against the dollar at the interbank forex market Thursday on increased selling of the American currency by exporters and banks. Dealers said dollar's weakness against other currencies overseas amid fears of a slowing global economy and US government's record-long shutdown and early gains in domestic equity markets supported the rupee. On Wednesday, the rupee had snapped its three-day losing streak and settled higher by 11 paise at 71.33 against the US dollar. The benchmark BSE Sensex recovered by 28.27 points, or 0.08 per cent, to 36,136.74 after rising to 36,178.36 in opening trade Thursday.

Rupee rises 14 paise against dollar in early trade

The rupee rose 29 paise to 71.15 against the US dollar in early session Wednesday on increased selling of the American currency by exporters and banks amid a positive opening of the domestic equity markets.

At the Interbank forex market, the rupee opened higher at 71.19 and advanced further to quote 29 paise higher at 71.15 against the dollar.

Besides, the dollar falling against other currencies overseas on lingering worries about a global slowdown and continuing US-China trade tensions, supported the Indian rupee, forex dealers said.

However, sustained foreign fund outflows capped the gains, they added.

On Tuesday, the rupee had skidded by 16 paise -- its third straight session of loss -- to close at 71.44 against the US dollar amid strengthening of the greenback and heavy selling in domestic equities.

Foreign portfolio investors (FPIs) sold shares worth a net of Rs 78.53 crore, and domestic institutional investors (DIIs) were sellers to the tune of Rs 84.15 crore Tuesday, provisional data showed.&nbsp;

Meanwhile, the benchmark BSE Sensex rose 37.05 points, or 0.10 per cent, to 36,481.69 after rising to 36,521.47 in opening trade.&nbsp;

The rupee rose 29 paise to 71.15 against the US dollar in early session Wednesday on increased selling of the American currency by exporters and banks amid a positive opening of the domestic equity markets.

The rupee rose 29 paise to 71.15 against the US dollar in early session Wednesday on increased selling of the American currency by exporters and banks amid a positive opening of the domestic equity markets. At the Interbank forex market, the rupee opened higher at 71.19 and advanced further to quote 29 paise higher at 71.15 against the dollar. Besides, the dollar falling against other currencies overseas on lingering worries about a global slowdown and continuing US-China trade tensions, supported the Indian rupee, forex dealers said. However, sustained foreign fund outflows capped the gains, they added. On Tuesday, the rupee had skidded by 16 paise -- its third straight session of loss -- to close at 71.44 against the US dollar amid strengthening of the greenback and heavy selling in domestic equities. Foreign portfolio investors (FPIs) sold shares worth a net of Rs 78.53 crore, and domestic institutional investors (DIIs) were sellers to the tune of Rs 84.15 crore Tuesday, provisional data showed. Meanwhile, the benchmark BSE Sensex rose 37.05 points, or 0.10 per cent, to 36,481.69 after rising to 36,521.47 in opening trade.

Rupee spurts 29 paise against dollar

rupee

Rupee, News on Rupee, stories on Rupee, articles on Rupee, Rupee stories at Wion, Rupee news, Rupee latest news