Search Results for: US Dollar

Sensex Plunges Over 600 Points As Rupee Hits Record Low; Nifty Slips Below 5300

Indian stock markets ended sharply lower on Tuesday, with Sensex plunging nearly 600 points and the Nifty falling below the 5300 level, as sentiment was weighed down by weak rupee which has hit a new all-time low against the US dollar.

Aug 27, 2013

Indian Rupee Hits New Low; Did Food Security Bill Trigger Sharp Fall?

In what could be seen as a repercussion of Food Security Bill passed by parliament on Monday, the Indian rupee touched a new low of 65.93 to the dollar on Tuesday, breaching the 65.56 record witnessed last week.

Aug 27, 2013

Indian Stocks End Higher for Third Straight Session

Indian stock markets ended with gains for the third straight session on Monday, helped by gains in power, capital goods and healthcare sector shares.

Aug 26, 2013

Rupee Depreciation Impact: Samsung Hikes Smartphone Prices in India

South Korean tech giant Samsung has increased the price range of its smartphones in India after the rupee went spiralling down the market against the US dollar.

Aug 25, 2013

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

Battered Rupee Expected to Bounce Back; Rating Agencies Give Positive Outlook on Indian Currency

The Indian rupee that breached 65 to the dollar mark on Thursday created market panic with rumours floating that it would fall even further in the near future but latest reports suggested it would bounce back in a few months' time.

Aug 24, 2013

Indian stock brokers watch the key Sensex share index graph in a brokerage firm in Mumbai May 13, 2004.

Indian Stock Markets Advance; Capital Goods, Banking Shares Gain

Indian stock markets ended with gains for the second straight session on Friday, helped by gains in capital goods, banking and energy sector shares.

Aug 23, 2013

Indian Stocks Expected to Open Higher on Positive Global Cues

Indian stock markets are expected to gain for a second straight session on Friday amid firm trend in global markets, while the Indian rupee also recovered from a record low against the dollar.

Aug 23, 2013

Indian Rupee Continues to Plunge, Could Touch 70 against Dollar, Says Report

The Indian rupee has been continuously falling of late despite Reserve Bank of India's intervention, The currency is unlikely to recover soon with a report by Deutsche Bank predicting that it is could touch 70 against the US dollar in a month's time.

Aug 22, 2013

Sensex Surges Over 400 Points; Metal Shares Rally

Indian stock markets advanced for the first time in five days on Thursday, with Sensex surging more than 400 points, helped by gains from metal and oil & gas sector shares.

Aug 22, 2013

Indian Stocks Expected to Extend Losing Streak

Indian stock markets are expected to decline for the fifth straight session on Thursday after the minutes from the Federal Open Market Committee’s (FOMC) July policy meeting released Wednesday offered few clues on when the US central bank might reduce its asset purchase program.

Aug 22, 2013