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On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 157.2 points higher at 48,960.88, and the broader NSE Nifty advanced 72.25 points to 14,653.70.
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Mumbai: The rupee slumped 17 paise to 75.22 against the US dollar in opening trade on Thursday following losses in domestic equity markets amid concerns over rising COVID-19 cases. Besides, foreign fund outflows also weighed on investors’ sentiment, forex traders said. At the interbank foreign exchange, the domestic unit opened sharply lower at 75.19 against […]
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Moreover, rising crude oil prices, foreign fund outflows, spiking COVID-19 cases and heavy selling in domestic equities weighed on the domestic currency.
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Asian currencies were mostly weaker this Thursday and could cap gains for the local unit.
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On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 407.35 points higher at 50,069.11.
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Reserve Bank of India on Wednesday expectedly left interest rates unchanged and maintained an accommodative stance as the economy faces a renewed threat.
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On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 270.03 points higher at 49,429.35.
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Asian currencies were range-bound, and volumes were lower than usual with China, Hong Kong, UK and Australian markets shut.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.07 per cent to 92.78.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.03 per cent to 92.55.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.09 per cent to 92.42.
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Global oil benchmark Brent crude futures fell 0.94 per cent to USD 64.01 per barrel.
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Foreign portfolio investors (FPIs) have bought close to a net USD 2.5 billion worth of Indian equities so far this month.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, declined 0.05 per cent to 91.81.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, surged 0.10 per cent to 91.53.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.01 per cent to 91.66.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.16 per cent to 91.56.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.23 per cent to 92.16 ahead of the inflation data this Wednesday.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.07 per cent to 92.04.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.04 per cent to 91.67.
