Mumbai Apr 26 PTI Snapping its two-day losing streak the rupee rose by 4 paise to 7660 against the US dollar on Tuesday following a rebound in regional currencies and domestic equities However the appreciation bias in the local unit will be capped in the near-term amid fears about the economic impact of Chinas COVID-19 lockdowns and an aggressive pace of the US rate hikes traders said At the interbank forex market the rupee opened at 7648 against the greenback and moved in a range of 7643 to 7669 in the day trade The rupee traded at 7660 at 1530hrs higher by 4 paise over its previous close of 7664 Indian rupee inched up after two days of sharp sell-off following rebound in regional currencies and domestic equities The fall in crude oil and commodity prices and expectations of foreign fund inflows from LIC IPO supported the rupee said Dilip Parmar Research Analyst HDFC Securities However the local unit is still not out of the woods as strength in the dollar against major currencies weaker economic growth higher inflation are likely to limit the gains Broadly spot USDINR is expected to trade in the range of 76 to 77 while near term directions will be followed by risk moods and movement in Chinese yuan Parmar said On the domestic equity market front the BSE Sensex ended 77672 points or 137 per cent higher at 5735661 while the broader NSE Nifty jumped 24685 points or 146 per cent to 1720080 Brent crude futures the global oil benchmark fell 049 per cent to USD 10182 per barrel The dollar index which gauges the greenbacks strength against a basket of six currencies surged 006 per cent to 10181 Foreign institutional investors were net sellers in the capital market on Monday as they offloaded shares worth Rs 330285 crore as per stock exchange data PTI DRR MR

Mumbai Apr 21 PTI The rupee started the session on a flat note against the US dollar on Thursday amid strong American currency in the overseas market and a firm trend in the domestic equitiesBesides unabated foreign fund outflows and fluctuations in international crude prices weighed on investor sentiments forex traders saidAt the interbank foreign exchange the rupee opened slightly strong at 7628 against the US dollar but soon shed the gains to quote at 7631 registering a fall of just 1 paisa over the last closeIn the previous session the rupee rose 20 paise to close at 7630 against the US dollarThe dollar index which gauges the greenbacks strength against a basket of six currencies surged 014 per cent to 10056On the domestic equity market front the 30-share Sensex was trading 38136 points or 067 per cent higher at 5741886 points while the broader NSE Nifty advanced 106 points or 062 per cent to 1724255 pointsGlobal oil benchmark Brent crude futures rose 123 per cent to USD 10811 per barrelForeign institutional investors were net sellers in the capital market on Wednesday as they offloaded shares worth Rs 300926 crore as per stock exchange data PTI DRR RAM

Mumbai Apr 20 PTI The rupee appreciated 19 paise to 7631 against the US dollar in opening trade on Wednesday tracking positive trends among Asian and emerging market currencies At the interbank foreign exchange the rupee opened at 7641 against the American dollar then gained further ground to quote at 7631 registering a rise of 19 paise from the last close On Tuesday the rupee depreciated by 21 paise to close at 7650 against the US dollar The dollar index which gauges the greenbacks strength against a basket of six currencies was trading 032 per cent lower at 10064 Expectations of quicker rate hike continued to push the dollar and the bond yields higher and will continue to weigh on sentiments Sriram Iyer Senior Research Analyst at Reliance Securities said Most emerging market and Asian peers were stronger against the US dollar this Wednesday morning and could boost investor sentiments On the domestic equity market front the 30-share Sensex was trading 39578 points or 070 per cent higher at 5685893 points while the broader NSE Nifty advanced 12570 points or 070 per cent to 1708435 points Global oil benchmark Brent crude futures rose 103 per cent to USD 10835 per barrel Foreign institutional investors were net sellers in the capital market on Tuesday as they offloaded shares worth Rs 587169 crore as per stock exchange data PTI DRR RAM

Mumbai Apr 19 PTI The rupee depreciated 6 paise to 7635 against the US dollar in opening trade on Tuesday weighed down by the strength of the greenback and significant foreign fund outflows At the interbank foreign exchange the rupee opened at 7634 against the American dollar then lost ground to quote at 7635 registering a fall of 6 paise from the last close On Monday The rupee depreciated for the third straight session to close 10 paise lower at 7629 against the US dollar The dollar index which gauges the greenbacks strength against a basket of six currencies was trading 014 per cent higher at 10092 The Indian rupee opened weak and is expected to weaken against the US currency this Tuesday as the Federal Reserve interest rate outlook boosted the dollar index to its highest level since March 2020 said Sriram Iyer Senior Research Analyst at Reliance Securities Meanwhile crude remained strong whereas most Asian and emerging market peers have started weaker and could weigh on sentiments Iyer said However further depreciation could be capped as the RBI could be present to curb volatility Iyer added On the domestic equity market front the 30-share Sensex was trading 5703 points or 010 per cent lower at 5710971 while the broader NSE Nifty declined 365 points or 020 per cent to 1717000 Global oil benchmark Brent crude futures rose 051 per cent to USD 11374 per barrel Foreign institutional investors were net sellers in the capital market on Monday as they offloaded shares worth Rs 638745 crore as per stock exchange data PTI DRR HVA

Mumbai Feb 25 PTI The rupee recovered 32 paise to 7528 in early trade on Friday tracking positive domestic equities and stronger Asian peers The local currency opened on a strong note at 7531 to a dollar at the interbank foreign exchange market and inched higher to 7528 registering a gain of 32 paise over its previous close Forex traders said markets will continue to remain volatile and investors continued to keep a watch on the latest developments in eastern Europe On Thursday the rupee tanked 99 paise to close at 7560 against the US dollar as riskier assets took a hit after Russia launched military operations against Ukraine Meanwhile European Union leaders are putting on a united front and agreed on a second package of economic and financial sanctions on Russia The EU Council president accused Russia of using fake pretexts and bad excuses for justifying its invasion of Ukraine and said sanctions will hurt the government The dollar index which gauges the greenbacks strength against a basket of six currencies was trading 036 per cent lower at 9678 The rupee opened stronger against the US dollar this Friday tracking a rebound in Asian equities and a slight pullback on the dollar index said Sriram Iyer Senior Research Analyst at Reliance Securities Crude oil prices were still stronger and could cap appreciation however most of the Asian and emerging peers were stronger against the US Dollar and could lift sentiments Iyer noted Global oil benchmark Brent crude futures rose 240 per cent to USD 10146 per barrel On the domestic equity market front the 30-share Sensex was trading 123481 points or 226 per cent higher at 5576472 while the broader NSE Nifty advanced 38035 points or 234 per cent to 1662830 Foreign institutional investors were net sellers in the capital market on Thursday as they offloaded shares worth Rs 644824 crore as per stock exchange data PTI DRR MKJ

New Delhi Feb 24 PTI Markets were awash in red and the Indian currency plummeted against the dollar on Thursday amid Russias attack on Ukraine pushing investors to seek refuge in safe-haven assets Gold as well as crude oil prices surged with the latter even crossing the USD 105 per barrel mark Markets in Asia and Europe were also deep in the negative territory Investors wealth eroded by a whopping over Rs 1344 lakh crore on Thursday The 30-share BSE gauge plunged about 2850 points during the session before closing at 5452991 registering a massive fall of 270215 points or 472 per cent This was its biggest decline since March 23 2020 and the fourth-worst fall ever in absolute terms Likewise the NSE barometer Nifty nosedived 81530 points or 478 per cent to end at 1624795 At the interbank foreign exchange market the rupee opened at 7502 against the American dollar but later dropped to a low of 7575 against the greenback The local unit finally finished at 99 paise to close at 7560 from the previous close Meanwhile global oil benchmark Brent crude futures jumped 868 per cent to USD 10525 per barrel The dollar index which gauges the greenbacks strength against a basket of six currencies rose 102 per cent to 9716 Gold prices in the national capital rallied by Rs 1656 to Rs 51627 per 10 grams on Thursday on the back of safe-haven buying and sharp depreciation of rupee amid the Russia-Ukraine conflict HDFC Securities Senior Analyst Commodities Tapan Patel said spot prices for 24 carat gold at Delhi surged by Rs 1656 in line with gains in COMEX gold prices along with rupee depreciation He also said that gold prices rallied on safe-haven buying along with the dollar on geopolitical risk fearing severe sanctions on Russia and possible disruption of supplies of commodities It is difficult to predict the bottom of the market in a scenario like war Events will shape the movement The best thing for an investor is to follow asset allocation principles This is likely to be a Buy on Dip Market albeit with a lot of volatility in the near-term Nilesh Shah Group President MD Kotak Mahindra Asset Management Company The situation in Ukraine deteriorated after Russian President Vladimir Putin announced a military operation in Ukraine triggering serious concerns over the possibility of a full-scale military confrontation between the two countries PTI DRR RAM

Mumbai Feb 18 PTI The rupee appreciated by 39 paise to 7467 against the US dollar on Friday on hopes of a diplomatic solution to the East-West standoff over Ukraine At the interbank forex market the local unit opened at 7503 against the greenback and witnessed an intra-day high of 7460 and a low of 7505 The rupee was quoted at 7467 at 1530 hrs registering a rise of 39 paise over its previous close 7506 The rupee had closed the session on Thursday at 7511 provisionally but later settled at 7506 The proposed US-Russia talks spurred optimism about the volatile geopolitical situation in Ukraine said Dilip Parmar Research Analyst HDFC Securities Rupee recouped previous week and most of the current month losses amid long unwinding in dollar lower crude oil prices and expectation of dollar inflows from LIC IPO Parmar said adding that foreign fund outflows and risk-averse sentiments could limit the gains in the rupee Meanwhile the dollar index which measures the greenbacks strength against a basket of six currencies advanced 005 per cent to 9584 On the domestic equity market front the BSE Sensex ended 5904 points or 010 per cent lower at 5783297 while the broader NSE Nifty fell 2830 points or 016 per cent to 1727630 Brent crude futures the global oil benchmark was trading 168 per cent lower at USD 9141 per barrel Foreign institutional investors remained net sellers in the capital market on Thursday as they offloaded shares worth Rs 124210 crore as per stock exchange data PTI DRR MR

Mumbai Feb 18 PTI The rupee opened on a flat note against the US dollar in opening trade on Friday as caution set in amid worries about escalating Russia-Ukraine tensions At the interbank foreign exchange the rupee witnessed range-bound trade as it opened at 7503 against the US dollar saw an early high of 7502 and a low of 7505 against its previous close of 7506 Meanwhile the dollar index which gauges the greenbacks strength against a basket of six currencies rose 001 per cent to 9580 Meanwhile global oil benchmark Brent crude futures fell by 054 per cent to USD 9247 per barrel Crude oil prices were weak this Friday morning and could lend support However possible escalation of tension in Eastern Europe could cap appreciation bias said Sriram Iyer Senior Research Analyst at Reliance Securities Markets could remain range-bound ahead of the weekly expiry Iyer said On the domestic equity market front the 30-share Sensex was trading 1634 points or 003 per cent higher at 5790835 while the broader NSE Nifty slipped 630 points or 004 per cent to 1729830 Foreign institutional investors remained net sellers in the capital market on Thursday as they offloaded shares worth Rs 124210 crore as per stock exchange data PTI DRR MKJ

Mumbai Jan 31 PTI The rupee surged 45 paise to close at 7462 provisional against the US dollar on Monday supported by positive domestic equities and improved risk appetite At the interbank forex market the local unit opened strong at 7497 against the greenback and witnessed an intra-day high of 7460 and a low of 7505 It finally settled at 7462 a rise of 45 paise over its previous close In the previous session the rupee had settled at 7507 against the US dollar Meanwhile Finance Minister Nirmala Sitharaman on Monday presented the Economic Survey 2021-22 As per the pre-Budget Economic Survey Indias economy is expected to grow by 8-85 per cent in the fiscal beginning April 1 and is well placed to meet the future challenges on the back of widespread vaccine coverage supply-side reforms and easing of regulations This is the second straight session of gain for the local unit during which it has added 47 paise against the American currency On the domestic equity market front the BSE Sensex ended 81394 points or 142 per cent higher at 5801417 while the broader NSE Nifty jumped 23790 points or 139 per cent to 1733985 Meanwhile the dollar index which measures the greenbacks strength against the basket of six currencies fell 027 per cent to 9700 Brent crude futures the global oil benchmark was trading 087 per cent higher at USD 9081 per barrel Foreign institutional investors were net sellers in the capital market on Friday as they offloaded shares worth Rs 504534 crore as per stock exchange data PTI DRR MKJ

Mumbai Jan 25 PTI The rupee on Tuesday depreciated by 16 paise to close at 7476 provisional against the US dollar due to month-end dollar demand from oil importers and a stronger dollar in overseas markets Investors weak appetite for riskier assets also weighed on the rupee Moreover market participants are now eyeing the US Feds meeting outcome for further cues At the interbank foreign exchange market the local currency opened at 7460 against the greenback and witnessed an intra-day high of 7457 and a low of 7480 during the session The rupee finally settled at 7476 down by 16 paise over its previous close of 7460 This is the second straight session of loss for the local unit The rupee has declined by 33 paise against the American currency in two days The dollar index which gauges the greenbacks strength against a basket of six currencies was trading 022 per cent up at 9612 Rupee becomes the worst-performing currency among Asian currencies Even after a sharp rebound in domestic equities forex market traders were uncomfortable to take risk ahead of holiday and the Federal Open Market Committee FOMC meeting said Dilip Parmar Research Analyst HDFC Securities Brent crude futures the global oil benchmark rose 148 per cent to USD 8755 per barrel On the domestic equity market front the BSE Sensex ended 36664 points or 064 per cent higher at 5785815 while the broader NSE Nifty rose by 12885 points or 075 per cent to 1727795 Foreign institutional investors remained net sellers in the capital market on Monday as they offloaded shares worth Rs 375158 crore as per stock exchange data PTI DRR MR MR