Nov 24 2017

Rupee ended lower; S&P global maintains status quo

Financial Market Overview 24th November, 2017 Evening Coffee:-                                                                                       MARKETS AT CLOSE:- Rupee:- The rupee ended lower at 64.6975 to a dollar today, against 64.58 at the previous close, on short-covering and across-the-board greenback buys from banks. It marked the rupee’s largest single-session loss since Nov. 13. India’s foreign exchange reserves rose to

Nov 24 2017

Rupee stays lower on sustained Dollar buys

Financial Market Overview 24th November, 2017 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee remained lower against the dollar in afternoon trade, as continued greenback purchases outweighed potential impact from strength in local shares that boosted expectations of foreign fund inflows. The rupee was last seen at 64.6475 to a dollar, against 64.58

Nov 24 2017

Rupee turns lower on likely Dollars short covering

Financial Market Overview 24th November, 2017 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Rupee turns lower after opening flat at 64.58, on likely short-covering in dollar; pair now at 64.71 against 64.58 previous close. Pair to tip in range between today 64.50-64.80. Indian Equities:- Frontline indices began on a positive note, with the Nifty opening

Nov 22 2017

Rupee stays higher tracking weak Dollar

Financial Market Overview 22nd November, 2017 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee remained higher against the dollar in afternoon trade, tracking broad weakness in the greenback amid caution before the release of the Federal Reserve minutes later today and ahead of the Thanksgiving holiday in U.S. tomorrow. The rupee was last

Nov 22 2017

Rupee higher as US. yields fall ahead of Fed minutes

Financial Market Overview 22nd November, 2017 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee opens higher against the dollar at 64.79, in line with most Asian currencies, as U.S. treasury yields fell ahead of the release of the Federal Reserve’s latest policy meeting minutes later today, hurting greenback demand. Pair USDINR now at

Nov 21 2017

Rupee at 2-week high on Dollar sales

Financial Market Overview 21st November, 2017 Evening Coffee:-                                                                                       MARKETS AT CLOSE:- Rupee:- Indian rupee rose to a more-than-two-week high against the dollar, as foreign banks sold the U.S. currency and local and regional shares gained, boosting expectations of overseas fund inflows. The rupee ended at 64.8850 to a dollar, its highest since

Nov 21 2017

Rupee keeps gains on strong Indian equities

Financial Market Overview 21st November, 2017 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- The Indian rupee remained higher against the U.S. currency in afternoon trade, as strength in local and regional shares increased expectations of foreign fund inflows. The rupee was last seen at 64.9350 to a dollar against 65.1050 at close yesterday. The

Nov 21 2017

Rupee higher tracking gains in local equities

Financial Market Overview 21st November, 2017 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee trading higher against the dollar in early trades, tracking gains in local equities and strong Asian cues . Pair USDINR now at 65.03, against 65.1050 previous close. Pair to tip in range between today 64.95-65.16. Indian Equities:- Equity benchmarks

Money Changing
Nov 20 2017

Rupee falls amid lack of fresh triggers

Financial Market Overview 20th November, 2017 Evening Coffee:-                                                                                       MARKETS AT CLOSE:- Rupee:- The Indian rupee ended lower in a lack luster session against the dollar on importers’ greenback demand, even as traders awaited solid trading cues. Overnight strength in the dollar index, along with rising political uncertainty in the Eurozone also weighed

Money Changing
Nov 20 2017

Rupee little changed against Dollar; Indian equities trading flat

Financial Market Overview 20th November, 2017 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee steady against the U.S. dollar in afternoon trade, on improved sentiment after a sudden jump in EURUSD. The rupee was trading at 65.01 to a dollar at 1:00 p.m. in Mumbai, against 65.01 at close in the previous session.