GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
1-min read

Rupee Weakens 20 Paise to 65.36 Against Dollar

Dealers also attributed the rupee's fall to increased demand for the US currency from importers and banks.

PTI

Updated:November 13, 2017, 10:17 AM IST
facebookTwittergoogleskypewhatsapp
Rupee Weakens 20 Paise to 65.36 Against Dollar
Image for representative purposes only.
Mumbai: The rupee lost 20 paise to 65.36 against the dollar on Monday on fears that the tax rate decision of the GST Council will have a revenue implication of Rs 20,000 crore annually.

The American currency overseas rose amid fresh foreign funds outflows.

Dealers also attributed the rupee's fall to increased demand for the US currency from importers and banks.

However, a higher opening in the domestic equity market capped the losses.

On Friday, the rupee had ended down 22 paise to end at a fresh one-month low of 65.16 against the US dollar due to frantic demand for the American unit from importers and corporates.

Foreign investors had pulled out around Rs 529 crore from equity markets on Friday.

Meanwhile, the benchmark Sensex rose 102.74 points, or 0.30 per cent, to 33,417.30 in early trade.
Read full article
Next Story
facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
HDFC Life 344.40 +54.40 +18.76
SBI 337.50 +4.10 +1.23
HDFC 1,705.50 +41.10 +2.47
ICICI Bank 325.10 +6.15 +1.93
Bank of Baroda 183.55 +0.75 +0.41
Company Price Change %Gain
HDFC Life 343.70 +53.70 +18.52
ICICI Bank 325.10 +5.95 +1.86
SBI 337.40 +3.95 +1.18
Rain Industries 329.75 -17.35 -5.00
PNB 190.70 +1.25 +0.66
Top Gainers
Company Price Change %Gain
Tata Power 88.95 +4.15 +4.89
Cipla 608.55 +15.70 +2.65
HDFC 1,705.50 +41.10 +2.47
Maruti Suzuki 8,348.35 +184.65 +2.26
Tata Steel 701.20 +14.85 +2.16
Company Price Change %Gain
Cipla 608.65 +15.65 +2.64
HDFC 1,701.00 +37.05 +2.23
Maruti Suzuki 8,340.70 +175.20 +2.15
Tata Steel 701.35 +14.70 +2.14
Tata Motors 421.45 +7.95 +1.92
Top Losers
Company Price Change %Gain
Tech Mahindra 484.55 -15.35 -3.07
Infosys 970.95 -17.45 -1.77
Bosch 18,965.90 -292.55 -1.52
TCS 2,707.30 -39.35 -1.43
HCL Tech 840.00 -11.90 -1.40
Company Price Change %Gain
Infosys 970.95 -17.65 -1.79
TCS 2,710.10 -36.50 -1.33
ONGC 177.50 -1.85 -1.03
Wipro 294.75 -2.90 -0.97
Asian Paints 1,171.10 -8.95 -0.76

Live TV