The Sen Times

Mumbai, Oct 13 (PTI) The rupee strengthened for the third straight session on Tuesday and appreciated 40 paise to close at 95.38 (provisional) against the US dollar, supported by various RBI measures aimed at reducing spot dollar demand and curbing excessive positioning in the foreign exchange market. Forex traders said measures including a dedicated dollar window for oil marketing companies through designated banks and higher costs for certain foreign exchange hedging transactions are expected

Mumbai, Oct 12 (PTI) The rupee appreciated 96 paise, logging its steepest single-day gain in more than six months, to close at 95.75 (provisional) against the US dollar on Monday after the Reserve Bank of India over the weekend stepped in with several measures aimed at bolstering the domestic currency. Forex traders said the RBIs measures could provide near-term support to the rupee by easing spot-market dollar demand and curbing excessive forex positioning. However, sustained recovery will depe

Mumbai, Oct 9 (PTI) The rupee appreciated 23 paise to 96.65 against US dollar in early trade on Friday, supported by a slight softening in the US dollar and suspected intervention by the Reserve Bank of India. Forex traders said the rupee opened on a positive note this morning with the dollar index down to 102 levels and Brent also down to USD 103.39 per barrel after US President Donald Trump said that the attack on Iran will happen only after the midterm elections. However, broader geopolitical

Mumbai, Oct 9 (PTI) Benchmark indices Sensex and Nifty rebounded in early trade on Friday after two days of sharp decline, led by a rally in TCS and other IT stocks. The 30-share BSE Sensex climbed 292 points to 71,876.10 in early trade. The 50-share NSE Nifty was up 84.60 points to 22,310.40. From the 30 Sensex firms, Tata Consultancy Services surged over 4 per cent after reporting a 15 per cent jump in net profit to Rs 13,884 crore and pointing to continued growth momentum going forward. Infos

Mumbai, Oct 7 (PTI) Benchmark indices Sensex and Nifty declined in early trade on Wednesday after two days of rally amid a spike in crude oil prices and caution ahead of the Reserve Bank of Indias monetary policy decision. The 30-share BSE Sensex fell 460 points to 72,599.05 in early trade. The 50-share NSE Nifty declined 164.80 points to 22,610.85. Among the 30 Sensex firms, Titan, Asian Paints, Bharat Electronics, Maruti, Axis Bank and Mahindra & Mahindra were among the laggards. Bajaj Finance

Mumbai, Sep 30 (PTI) Rupee traded in a narrow range and fell 3 paise to 95.97 against the US dollar in early trade on Wednesday, pressured by persistent dollar demand from state-run oil marketing companies and firm crude oil prices. Dollar sales by state-run banks on behalf of the Reserve Bank of India in both spot and forward markets are restricting the USD/INR pair under 96.00 level. Additionally, foreign portfolio outflows of around USD 2.2 billion this month and firm US yields are keeping th

Mumbai, Sep 29 (PTI) Equity benchmark indices Sensex and Nifty tumbled in early trade on Tuesday as elevated crude oil prices due to uncertainty over the West Asia situation and foreign fund outflows weighed on investors sentiment. The 30-share BSE Sensex dropped 503 points to 72,260.09 in early trade. The 50-share NSE Nifty tumbled 151 points to 22,626.50. From the 30 Sensex firms, Bajaj Finance, HDFC Bank, Kotak Mahindra Bank, Reliance Industries, Asian Paints and Infosys were among the major

Mumbai, Sep 28 (PTI) The rupee depreciated 28 paise to close at 96.03 (provisional) against the US dollar on Monday, on risk-off sentiments in global markets after the US rejected a deal proposal by Iran, diminishing hopes of reopening of the Strait of Hormuz. Forex traders said global risk sentiments deteriorated as the stalemate between the US and Iran continued; falling risk assets and a surge in crude oil prices may continue to pressurise the rupee. At the interbank foreign exchange market,

Mumbai, Sep 28 (PTI) The rupee depreciated 20 paise to 95.95 against the US dollar in early trade on Monday, as the greenback strengthened further and foreign fund outflows continued unabated amid the ongoing West Asia conflict. Forex traders said elevated global crude oil prices put further pressure on the local unit. At the interbank foreign exchange market, the rupee opened at 95.89 against the American currency and lost further ground to touch 95.95 against the American currency, registering

Mumbai, Sep 28 (PTI) Benchmark indices Sensex and Nifty tumbled in early trade on Monday amid surging crude oil prices, geopolitical uncertainties and a weak trend in Asian markets. Foreign fund outflows also hit investors sentiment during the initial trading. The 30-share BSE Sensex tanked 730 points to 73,170.12 in early trade. The 50-share NSE Nifty dropped 231.50 points to 22,908.95. All the 30 Sensex firms were trading lower. Bajaj Finance, Kotak Mahindra Bank, HDFC Bank, Bajaj Finserv, Hin

Mumbai, Sep 25 (PTI) The rupee gained 14 paise 95.85 against the US dollar in early trade on Friday amid a positive trend in domestic equities and remained above the key psychological barrier of 96 per dollar. Forex traders said persistent dollar demand from domestic importers in particular the oil companies, elevated crude oil prices, and broad-based strength in the US dollar index following hawkish Federal Reserve rate signals weighing on the local unit. However, the Reserve Bank of India is l

Mumbai, Sep 24 (PTI) The rupee stayed weak, sliding 11 paise to 95.84 against the US dollar in early trade on Thursday, as geopolitical uncertainties led to a sharp surge in crude oil prices and pushed US bond yields as well as the greenback higher. Forex traders said the inflow of foreign capital failed to support the local currency due to the selling pressure in the domestic equity market and a strengthening American currency. At the interbank foreign exchange market, the rupee opened at 95.84

Mumbai, Sep 23 (PTI) Benchmark indices Sensex and Nifty rebounded on Wednesday amid easing crude oil prices, which remained below USD 100 per barrel, and hopes of a possible de-escalation in the West Asia conflict. The 30-share BSE Sensex climbed 299.17 points, or 0.40 per cent, to settle at 74,828.25. During the day, it jumped 444.66 points, or 0.59 per cent, to 74,973.74. The 50-share NSE Nifty was up 117.80 points, or 0.50 per cent, to end at 23,446.80. Among the 30 Sensex firms, Tata Steel,

Mumbai, Sep 23 (PTI) The rupee fell 12 paise to close at 95.74 (provisional) against the US dollar on Wednesday, weighed down by the broad strength of the American currency and a slight recovery in crude oil prices from lower levels. Forex traders said the dollar strengthened on hawkish comments from US Federal Reserve officials, raising expectations of a rate hike by the US Fed in 2026. However, positive domestic markets supported the rupee at lower levels. At the interbank foreign exchange mar

Mumbai, Sep 23 (PTI) Benchmark indices Sensex and Nifty rebounded in early trade on Wednesday amid easing crude oil prices although foreign investor selling remained a key headwind for domestic equities. The 30-share BSE Sensex climbed 283.66 points to 74,812.74 in early trade. The 50-share NSE Nifty was up 85.55 points to 23,414.55. Among the 30 Sensex firms, Bajaj Finance, Bajaj Finserv, Tata Steel, UltraTech Cement, Larsen & Toubro and Asian Paints were among the winners. Tata Consultancy Ser

Mumbai, Sep 23 (PTI) The rupee gained 5 paise to 95.57 against the US dollar in early trade on Wednesday, supported by falling crude oil prices and a broader recovery in Asian currencies. Forex traders said going ahead currency market direction will majorly be driven by unfolding geopolitical developments. Softer crude oil prices remain the major support for the rupee, while a firm American currency after the US Feds rate hike and foreign portfolio outflows remain the main concerns. At the inter

Mumbai, Sep 21 (PTI) Market benchmark indices Sensex and Nifty climbed in early trade on Monday amid cooling crude oil prices, fresh foreign fund inflows and a positive trend in Asian equities. The 30-share BSE Sensex jumped 448.32 points to 74,743.28 in early trade. The 50-share NSE Nifty was up 50.3 points to 23,396.70. Among the 30 Sensex firms, UltraTech Cement, InterGlobe Aviation, Asian Paints, Sun Pharma, HCL Tech and Trent were the major winners. Infosys, Adani Ports, Bharti Airtel and P

Mumbai, Sep 17 (PTI) The rupee depreciated 19 paise to breach the 96 level against the US dollar for the first time in over two months in early trade on Thursday following weak investor sentiments amid global uncertainties. The currency, however, pared losses and traded with a gain of 10 paise following suspected RBI intervention. According to forex analysts, the rupee is expected to see high volatility pressured by elevated crude oil prices hovering at USD 105 per barrel and the broad strength

Mumbai, Sep 16 (PTI) The rupee fell 3 paise to 95.91 against the US dollar in early trade on Wednesday, facing pressure from a strong American currency and outflow of foreign funds. Positive domestic equity markets, however, supported the local currency, even as crude oil prices remained elevated amid heightened tension in West Asia, forex traders said. At the interbank foreign exchange market, the rupee opened at 95.89 against the US dollar and fell further to 95.91, trading 3 paise lower from

Mumbai, Sep 15 (PTI) The rupee depreciated 30 paise to 95.84 against the US dollar in early trade on Tuesday on elevated Brent crude oil prices and heightened Middle East tensions. With Brent crude touching USD 106 per barrel, increased dollar demand from oil importers raised concerns over Indias external balance and inflation, forex traders said. At the interbank foreign exchange market, the rupee opened at 95.84 against the US dollar, registering a loss of 30 paise from its previous close. On

Mumbai, Sep 11 (PTI) Benchmark indices Sensex and Nifty tumbled in early trade on Friday on soaring crude oil prices amid escalating tensions in West Asia. Weak trends in global markets and foreign fund outflows also dented investors sentiment. The 30-share BSE Sensex fell 628.24 points to 74,257.69 in early trade. The 50-share NSE Nifty dropped 221.20 points to 23,255.10. Among the 30 Sensex firms, Bajaj Finance, InterGlobe Aviation, Mahindra & Mahindra, Tata Steel, UltraTech Cement and Axis Ba

Mumbai, Sep 9 (PTI) The rupee depreciated 21 paise to 94.95 against US dollar on Wednesday weighed down by surging crude oil prices, which inched closer to the USD 100-a-barrel mark amid the simmering US-Iran tensions. A weak dollar, however, cushioned the fall, forex traders said. At the interbank foreign exchange market, the rupee opened at 94.80 against the US dollar, then touched 94.95, registering a fall of 21 paise from its previous close. On Tuesday, the rupee fell 18 paise to close at 94

Mumbai, Sep 8 (PTI) The rupee depreciated 10 paise to 94.66 against the US dollar in early trade on Tuesday, as surging Brent crude prices near USD 97/bbl and Middle Eastern geopolitical friction dampened investor confidence. Forex traders noted that ongoing RBI dollar sales and strong foreign-currency inflows under special schemes helped keep the rupee range-bound despite heavy external pressures. At the interbank foreign exchange market, the rupee opened at 94.49 against the US dollar, then to

Mumbai, Aug 21 (PTI) Benchmark equity indices Sensex and Nifty were trading marginally higher in early deals on Friday as elevated crude oil prices due to geopolitical uncertainties and a sharp fall in US markets made investors cautious. After a positive beginning to the trade, the 30-share BSE Sensex turned flat and was down 25.97 points to 77,506.51 in early deals. The 50-share NSE Nifty also skidded 5.75 points to 24,223.10 after a positive start. However, both the benchmark indices bounced b

Mumbai, Aug 14 (PTI) The rupee gained 2 paise to 95.43 against the US dollar in early trade on Friday, backed by a weaker greenback overseas. The Indian currency, however, remained under pressure due to the withdrawal of foreign funds from domestic equities and rising crude oil prices amid geopolitical uncertainties, forex traders said. At the interbank foreign exchange market, the rupee opened at 95.39 and later slipped to trade at 95.43 against the American currency in early deals, up marginal