Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Rupee Gains 6 Paise to 68.83 Against Dollar; Poised for Cues Before Economic Survey Release

Ahead of the Union Budget, an economic survey projecting the state of health of the country's economy will be tabled in Parliament. Easing crude oil prices, positive opening in domestic equities supported the rupee.

PTI

Updated:July 4, 2019, 10:37 AM IST
facebookTwitterskypewhatsapp
Rupee Gains 6 Paise to 68.83 Against Dollar; Poised for Cues Before Economic Survey Release
Image for representation. (Image : Reuters)

Mumbai: The rupee appreciated by 6 paise to 68.83 against the US dollar in opening trade on Thursday, tracking positive opening in domestic equities and easing crude oil prices.

Forex traders said rupee is trading in a narrow range as market participants are awaiting cues from the Economic Survey scheduled to be tabled in Parliament Thursday. The rupee opened strong at 68.86 at the interbank forex market then gained further to touch 68.83 per dollar, displaying gains of 6 paise over the previous closing.

On Wednesday, the rupee had settled at 68.89 against the US dollar.

Ahead of the Union Budget on Friday, an economic survey projecting the state of health of the country's economy and outlining the challenges will be tabled in Parliament on Thursday. Moreover, easing crude oil prices, positive opening in domestic equities supported the rupee.

The benchmark BSE Sensex was trading 84.86 points, or 0.21 per cent up to quote at 39,924.11 while the NSE Nifty was trading at 11,945.70, higher by 28.95 points, or 0.24 per cent.

Brent crude, the global benchmark, was trading at 63.38 per barrel lower by 0.69 per cent. Meanwhile, foreign institutional investors (FIIs) remained net sellers in the capital markets, pulling out Rs 390.18 crore on Wednesday, as per provisional data.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
IRCTC 727.75 127.42
Infosys 786.10 -3.52
Yes Bank 40.10 1.26
Tata Motors 127.85 5.40
Indiabulls Hsg 197.80 -5.76
Company Price Change %Gain
Fortis Health 130.55 -5.36
IRCTC 728.60 127.69
Indiabulls Hsg 197.90 -5.74
Yes Bank 40.00 1.01
Tata Motors 127.80 5.32
Top Gainers
Company Price Change %Gain
Tata Motors 127.85 5.40
ONGC 135.25 4.84
Bharti Airtel 393.55 2.78
UltraTechCement 4,170.30 2.28
IndusInd Bank 1,250.60 2.24
Company Price Change %Gain
Tata Motors 127.80 5.32
ONGC 135.20 4.73
Bharti Airtel 392.65 2.61
IndusInd Bank 1,250.50 2.23
Sun Pharma 394.60 2.15
Top Losers
Company Price Change %Gain
Infosys 786.10 -3.52
Bajaj Finance 3,883.30 -2.26
Power Grid Corp 198.40 -1.29
Bajaj Finserv 8,082.25 -1.07
UPL 586.65 -0.54
Company Price Change %Gain
Infosys 785.65 -3.68
Bajaj Finance 3,881.65 -2.37
Power Grid Corp 198.80 -1.09
Larsen 1,422.65 -0.34
Kotak Mahindra 1,583.75 -0.27

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results