136th Day Of Lockdown

Maharashtra49026232728117092 Tamil Nadu2850242275754690 Andhra Pradesh2069601204641842 Karnataka164924842322998 Delhi1427231282324082 Uttar Pradesh113378668341981 West Bengal89666630601954 Telangana7525753239601 Bihar7179446294400 Gujarat68855517922604 Assam5549737225132 Rajasthan4941835186763 Odisha4255028698292 Haryana4005433444467 Madhya Pradesh3729827621962 Kerala3170019147103 Jammu and Kashmir2392716218449 Punjab1901512491462 Jharkhand140705199129 Chhatisgarh10109761369 Uttarakhand8008484795 Goa7075511460 Tripura5520367528 Puducherry4147253758 Manipur301818147 Himachal Pradesh2879171013 Nagaland24056594 Arunachal Pradesh179011053 Chandigarh120671520 Meghalaya9173305 Sikkim7832971 Mizoram5022820
Business Market 24 May 2019 Rupee rises 21 paise ...

Rupee rises 21 paise against US dollar in early trade

PTI
Published May 24, 2019, 10:13 am IST
Updated May 24, 2019, 10:13 am IST
A higher domestic equity markets also buoyed sentiments for the rupee.
The rupee opened on a strong note at 69.75 against the greenback at the interbank forex market.
 The rupee opened on a strong note at 69.75 against the greenback at the interbank forex market.

Mumbai: The rupee appreciated by 21 paise to 69.81 against the US dollar in opening trade Friday following the BJP's thumping victory in the Lok Sabha polls.

Strong FIIs inflows and higher domestic equity markets also buoyed sentiments for the rupee, forex dealers said.

 

However, rising crude prices and strengthening dollar restricted the gains of the domestic unit, they added.

The rupee opened on a strong note at 69.75 against the greenback at the interbank forex market. However, it surrendered initial gains to trade at 69.81 in early trade.

The rupee had settled 36 paise down at 70.02 against the US dollar in the previous session.

Prime Minister Narendra Modi on Thursday led his Bharatiya Janata Party to resounding victory for a second term in the office.

Foreign institutional investors (FIIs) were net buyers in the capital markets, buying shares worth 1,352.20 crore on Thursday, according to exchange data.

 

The BSE Sensex was trading 170.51 points, or 0.44 per cent, higher at 38,981.90. Similarly, the broader NSE Nifty spurted 54.15 points, or 0.46 per cent, to 11,711.20.

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.02 per cent to 97.88.

Brent crude futures, the global oil benchmark, grew by 1.12 per cent to trade at USD 68.52 per barrel.

...




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT