STOCK FUTURE TIPS | CURRENCY TIPS | STOCK COMMODITY TIPS | 30 JUNE 2014
Posted by Unknown on 23:05 with 1 comment
Rupee
up 7 paise at 60.01 against dollar in early trade
Mumbai:
The rupee strengthened by seven paise to 60.01 against the American
currency in early trade Monday at the Interbank Foreign Exchange
market on selling of dollars by exporters and banks.
A higher opening in the domestic equity market and a weak dollar against other currencies overseas on a string of disappointing US data last week also supported the gain in the rupee, forex dealers said.
The rupee had closed six paise higher at 60.08 against the dollar in Friday's trade on fresh selling of the US currency by exporters amid moderate gains in stock markets.
Meanwhile, the benchmark BSE Sensex rose 141.73 points, or 0.56 per cent, to 25,241.65 in early trade today.
A higher opening in the domestic equity market and a weak dollar against other currencies overseas on a string of disappointing US data last week also supported the gain in the rupee, forex dealers said.
The rupee had closed six paise higher at 60.08 against the dollar in Friday's trade on fresh selling of the US currency by exporters amid moderate gains in stock markets.
Meanwhile, the benchmark BSE Sensex rose 141.73 points, or 0.56 per cent, to 25,241.65 in early trade today.
Sensex
surges nearly 300 points; hovering above 25,350
The benchmark BSE
Sensex climbed by nearly 300 points in early trade Monday on the back
of across-the-board buying by funds and retail investors on hopes
that the reform measures in next week's Union Budget will boost the
country's economic growth.
The BSE 30-share barometer, which had gained 37.25 points in Friday's session, rose 272.76 points, or 1.09 percent, to 25,372.68 after moving in range of 25,179.55- 25,381.11.
Similarly, the broad-based National Stock Exchange index Nifty gained 79.95 points, or 1.06 percent, to 7,588.75.
The BSE 30-share barometer, which had gained 37.25 points in Friday's session, rose 272.76 points, or 1.09 percent, to 25,372.68 after moving in range of 25,179.55- 25,381.11.
Similarly, the broad-based National Stock Exchange index Nifty gained 79.95 points, or 1.06 percent, to 7,588.75.
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