Search Results for: rupee

Indian Shares Open Flat, Insurance Stocks Surge on Hopes of Hike in FDI Limit

Indian shares opened flat on Thursday, due to weak Asian rivals. Investors are also looking forward to some security before the new government presents its budget early or mid July. The BSE sensex took off at 24,794.61 points at 9.00 am and recorded a peak of 24,862.78 points.

Jun 5, 2014

Rupee Slips in Early Wednesday Trade; Investors Place Hopes on Modi

The Indian rupee slipped in the early trade on Wednesday as it opened lower by 4 paise at 59.42 per dollar as against Tuesday's closing value of 59.38.

Jun 4, 2014

Rupee Remains Relatively Stable on Monday Morning; L&T Drives Market Up

The Indian rupee opened at 59.12 against the US dollar in early trade, as of 11:45 am on Monday.

Jun 2, 2014

Raghuram Rajan Faces Pro-Growth Boss in Narendra Modi

RBI Governor Raghuram Rajan is starting to be acclimatized to Prime Minister Narendra Modi's determined and rapid vision of development.

May 30, 2014

A man looks at a screen across the road displaying the election results on the facade of the BSE building in Mumbai

Rupee Opens at 59.01 as RBI Turns Bullish on Bonds

The Indian rupee opened at 59.01 against the US dollar in early trade, at 11:50 am on Friday.

May 30, 2014

Brokers trade on their computer terminals at a stock brokerage firm in Mumbai

Sensex, Nifty Weak in Early Trade; Infosys Falls 7 Percent

Indian rupee opened at 58.84 against the US dollar in early trade, at 11:50 am on Thursday.

May 29, 2014

A customer hands a bundle of Indian Rupee currency notes to a teller at a financial institution in Mumbai

Rupee Opens Flat Touching 59.06 Against US Dollar

The Indian rupee opens flat touching 59.06 against the US dollar in early trade, at 11:45 am on Tuesday.

May 28, 2014

A broker monitors share prices while trading at a brokerage firm in Mumbai

Rupee Down by 28 paise, Selling at 59.99 against Dollar

The Indian rupee on Tuesday lost 28 paise touching 58.99 against the US dollar in early trade, despite an upbeat mood that has set in following the Modi cabinet's swearing-in on Monday.

May 27, 2014

Rupee Gains 27 Paise Ahead of Modi's Swearing-in on Monday

The rupee appreciated by 27 paise to 58.50 per dollar Monday compared to its closure on Friday

May 26, 2014

RBI Buying Dollars to Halt Rupee Gains - Traders

The Reserve Bank of India was spotted buying dollars via state-run banks starting around 58.47, which was the rupee's strongest level in 11 months, three traders said.

May 19, 2014

An employee counts rupee notes at a cash counter inside a bank in Kolkata.

Rupee Sees Best Week in Eight Months; Hits 11-month High

The rupee strengthened to its highest level in 11 months on Friday and posted its best weekly gain in eight months as the Bharatiya Janata Party and its allies headed towards an overwhelming majority in the country's elections, sending shares to record highs.

May 17, 2014

People walk past the Bombay Stock Exchange (BSE) building in Mumbai (Reuters)

Sensex Hits Record High above 25,000; BJP to Face Key Investor Tests

The BSE Sensex and Nifty surged to record highs while the rupee strengthened to an 11-month peak against the dollar on Friday as the opposition Bharatiya Janata Party led by Narendra Modi swept to a resounding majority in the world's largest election.

May 17, 2014