GET Stock QuotesNews18 APP
News18 English
»
1-min read

Rupee Advances 16 Paise Against Dollar in Early Trade

Forex dealers said that apart from weakness in the dollar against major currencies overseas, robust foreign fund inflows supported the rupee.

PTI

Updated:October 26, 2017, 11:18 AM IST
facebookTwittergoogleskypewhatsapp
Rupee Advances 16 Paise Against Dollar in Early Trade
Image for representation (Photo: Reuters)
Loading...
Mumbai: The rupee appreciated by another 16 paise to 64.73 against the dollar in early trade on Thursday amid sustained selling of the American currency by exporters and banks.

Forex dealers said that apart from weakness in the dollar against major currencies overseas, robust foreign fund inflows supported the rupee.

According to the provisional exchange data, FPIs invested Rs 3,582.50 crore on net basis in equities yesterday. Stock markets opening lower however restricted the rupee gains, a dealer said.

On Wednesday, the rupee had gained 18 paise against the US dollar to end at a fresh one-week high of 64.89 at the interbank foreign exchange on late selling of the greenback by exporters and corporates.

Meanwhile, the benchmark BSE Sensex retreated from record highs, falling by 207.44 points or 0.62 percent to 32,835.06 in early trade on Thursday.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Reliance 1,101.30 -4.34
Indiabulls Hsg 653.80 -17.10
Dewan Housing 210.55 -10.75
Yes Bank 217.90 -6.04
Bajaj Finance 2,140.50 -0.47
Company Price Change %Gain
Sudarshan Chem 385.05 2.64
Indiabulls Hsg 654.25 -17.06
Reliance 1,101.65 -4.11
Dewan Housing 211.80 -10.37
Yes Bank 217.70 -6.06
Top Gainers
Company Price Change %Gain
HPCL 215.90 4.15
Sun Pharma 609.95 2.78
Kotak Mahindra 1,198.95 1.95
Bharti Infratel 264.45 1.71
Vedanta 211.10 1.51
Company Price Change %Gain
Sun Pharma 608.40 2.52
Kotak Mahindra 1,199.55 1.83
Vedanta 211.15 1.51
HUL 1,579.20 1.16
ITC 288.45 0.73
Top Losers
Company Price Change %Gain
Indiabulls Hsg 653.80 -17.10
HCL Tech 958.50 -6.42
Yes Bank 217.90 -6.04
HDFC 1,660.25 -4.46
Reliance 1,101.30 -4.34
Company Price Change %Gain
Yes Bank 217.70 -6.06
HDFC 1,661.30 -4.32
Reliance 1,101.65 -4.11
Hero Motocorp 2,711.00 -3.70
Infosys 682.60 -3.11

Live TV

Loading...
Loading...