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
donald trump india visit
donald trump india visit
News18 » Business
1-min read

Rupee Strengthens 22 Paise as US-Iran Tensions De-escalate

Taking cues from the easing tensions, Asian stocks darted up in opening trade while oil markets recovered from supply disruption fears.

PTI

Updated:January 9, 2020, 10:47 AM IST
facebookTwitter Pocket whatsapp
Rupee Strengthens 22 Paise as US-Iran Tensions De-escalate
Representative image.

Mumbai: The Indian rupee advanced 22 paise to 71.48 per US dollar in opening trade on Thursday as global markets stabilised after the US and Iran toned down their war rhetoric.

At the interbank foreign exchange market, the rupee opened strong at 71.44 against the greenback. The domestic unit had settled at 71.70 per dollar on Wednesday.

US President Donald Trump on Wednesday said Washington did not necessarily have to respond to Iranian attacks at American military bases in Iraq. The comments came after Iran fired rockets at US facilities in Iraq in response to the killing of its top general Qassem Soleimani.

Reports said there were no US or Iraqi casualties from the Iranian strikes, amid speculation that Tehran may have deliberately pulled its punches to avoid a wider conflagration.

Taking cues from the easing tensions, Asian stocks darted up in opening trade while oil markets recovered from supply disruption fears.

Global oil benchmark Brent crude futures was trading 0.64 per cent up at USD 65.86 per barrel. Domestic equity benchmarks too participated in the relief rally.

The 30-share BSE Sensex was trading 449.56 points or 1.10 per cent higher at 41,267.30 and the broader NSE Nifty surged 134.05 points or 1.11 per cent to 12,159.40.

Foreign funds sold shares worth a net Rs 515.85 crore on Wednesday, provisional data showed. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.03 per cent lower at 97.27.

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

facebookTwitter Pocket whatsapp
Most Active
Company Price Change %Gain
IRCTC 1,952.45 1.54
Indiabulls Hsg 325.00 -1.75
HDFC 2,303.55 0.47
Reliance 1,416.30 -1.98
SBI 326.60 1.15
Top Gainers
Company Price Change %Gain
TCS 2,155.90 1.87
Tata Steel 421.35 1.44
SBI 326.60 1.15
Bharti Airtel 535.35 1.05
HUL 2,232.40 0.74
Top Losers
Company Price Change %Gain
Sun Pharma 388.60 -2.37
HCL Tech 582.65 -2.10
Reliance 1,416.30 -1.98
Titan Company 1,260.25 -1.53
IndusInd Bank 1,153.90 -1.42

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results