GET Stock QuotesNews18 APP
News18 English
»
1-min read

Rupee Falls for 6th Session, Down 4 Paise Against Dollar

Forex dealers said, sustained demand for the American currency from importers and dollar strength against other currencies overseas, bolstered by rising US bond yields, weighed on the domestic unit.

PTI

Updated:April 23, 2018, 11:26 AM IST
facebookTwittergoogleskypewhatsapp
Rupee Falls for 6th Session, Down 4 Paise Against Dollar
Image for representation. (PTI)
Mumbai: Falling for the sixth consecutive session, the rupee weakened by 4 paise to 66.16 against the US dollar in opening trade at the interbank foreign exchange market on Monday, amid foreign capital outflows.

Forex dealers said, sustained demand for the American currency from importers and dollar strength against other currencies overseas, bolstered by rising US bond yields, weighed on the domestic unit.

On Friday, the rupee had crashed below the key 66 level to close at a 13-month low of 66.12 against the US currency, hit by a resurgent dollar, firming crude prices and a more hawkish tone of the Reserve Bank.

Meanwhile, the benchmark BSE Sensex rose by 78.11 points, or 0.22 per cent, to 34,493.69 in early trade.

On a net basis, foreign portfolio investors (FPIs) sold shares worth a net Rs 21.02 crore on Friday, provisional data showed.

Also Watch

| Edited by: Ahona Sengupta
Read full article
Most Active
Company Price Change %Gain
Infosys 1,332.85 +15.45 +1.17
Dr Reddys Labs 2,093.95 -225.90 -9.74
ICICI Bank 259.25 -8.50 -3.17
HDFC 1,991.20 +18.70 +0.95
Reliance 1,076.20 -23.60 -2.15
Company Price Change %Gain
JTEKT India 98.15 +2.45 +2.56
Infosys 1,333.05 +23.95 +1.83
Dr Reddys Labs 2,089.15 -228.30 -9.85
PC Jeweller 88.90 -31.05 -25.89
Tata Steel 519.30 -38.85 -6.96
Top Gainers
Company Price Change %Gain
Tech Mahindra 657.30 +16.25 +2.53
NTPC 155.60 +2.65 +1.73
Infosys 1,332.85 +15.45 +1.17
Indiabulls Hsg 1,137.55 +11.10 +0.99
HDFC 1,991.20 +18.70 +0.95
Company Price Change %Gain
NTPC 155.70 +3.00 +1.96
Infosys 1,333.05 +23.95 +1.83
HDFC 1,991.55 +18.65 +0.95
Wipro 283.10 +2.40 +0.86
HUL 1,753.85 +12.70 +0.73
Top Losers
Company Price Change %Gain
Dr Reddys Labs 2,093.95 -225.90 -9.74
Tata Steel 519.25 -39.35 -7.04
Lupin 818.15 -47.45 -5.48
Sun Pharma 533.95 -25.80 -4.61
Tata Motors 252.10 -11.50 -4.36
Company Price Change %Gain
Tata Steel 519.30 -38.85 -6.96
Tata Motors 251.55 -12.60 -4.77
Sun Pharma 532.95 -26.20 -4.69
Bharti Airtel 346.20 -11.85 -3.31
ICICI Bank 259.30 -8.75 -3.26