Mumbai

Rupee down 10 paise to 61.51 against dollar in early trade

Rupee downMumbai: The rupee fell by 10 paise to 61.51 against the dollar in early trade on Wednesday at the Interbank Foreign Exchange market due to appreciation of the US currency overseas.

Forex dealers attributed the domestic currency's fall to the dollar's gains against other global currencies and a lower opening in the domestic equity market.

The rupee had ended marginally higher by one paisa at 61.41 against the American currency in yesterday's trade amid volatile markets on the back of a higher dollar overseas.

Meanwhile, the benchmark BSE Sensex was down by 58.46 points, or 0.19 percent, at 29,512.48 in early trade today.--PTI

Rupee down 9 paise to 61.51 against dollar in early trade

Rupee downMumbai: The rupee depreciated by 9 paise to 61.51 in early trade on Tuesday at the Interbank Foreign Exchange market on fresh demand for the American currency from importers.

Dealers said fresh demand for the American currency from importers mainly put pressure on the rupee but a higher opening in the domestic equity market and the dollar's weakness against other currencies overseas, capped the losses.

The rupee had ended higher by 28 paise at 61.42 against the US currency in Friday's trade on fresh selling of dollars by banks and exporters on persistent foreign capital inflows into equity market.

Forex market remained closed yesterday on account of "Republic Day".

Sensex, Nifty extend record-breaking spree on fund inflows

Sensex upMumbai: Continuing their record-breaking spree, markets on Tuesday hit new highs with the BSE Sensex scaling another peak of 29,456.63 and the NSE Nifty soared to 8,878.20 in opening trade on sustained capital inflows.

Besides, markets were buoyed by optimism over upcoming Budget and quarterly earnings amidst positive domestic factors and mixed global cues.

The benchmark BSE Sensex climbed by 177.79 points, or 0.60 per cent, to trade at a new high of 29,456.63, breaking its previous record of 29,408.73 reached on Friday.

Stocks of capital goods, power, consumer durables, auto, FMCG, banking, infrastructure and realty sectors led the rally and rose up to 2.11 per cent.

Rupee ends higher by 28 paise at 61.42 Vs USD

RupeeMumbai: The rupee ended higher by 28 paise at 61.42 against the US currency Friday on fresh selling of dollars by banks and exporters on persistent foreign capital inflows into equity market.

Banks and exporters preferred to reduce their dollar position on hopes of further capital inflows as foreign portfolio investors infused USD 107.22 million yesterday as per the SEBI's record.

The rupee opened higher at 61.45 per dollar as against the last closing level of 61.70 per dollar at the Interbank Foreign Exchange (Forex) market and hovered in a range of 61.3650 and 61.6050 during the day.

It closed at 61.42 per dollar, showing a gain of 28 paise of 0.45 percent.

Rupee gains 35 paise to 61.35 against dollar in early trade

Mumbai - The rupee strengthened by 35 paise to 61.35 against the dollar in early trade today at the Interbank Foreign Exchange on strong selling of the US currency by exporters amid sustained capital inflows.

Forex dealers said besides selling of the American currency by exporters, continued overseas capital inflows and soaring domestic equity markets supported the rupee.

They said, however, euro sinking to its lowest level in more than a decade against the US dollar after the ECB announced stimulus programme capped the rupee's gains.

Sensex, Nifty extend record-breaking spree on global cues

Mumbai - Extending their bull run for the seventh straight session, the BSE Sensex scaled another peak of 29,389.18 and the NSE Nifty breached the 8,800-mark for the first time in opening trade, driven by positive global cues triggered by European Central Bank's stimulus measures.

The benchmark BSE Sensex climbed 383.16 points, or 1.32 percent, to trade at a new high of 29,389.18, breaking its previous record of 29,060.41 (intra-day) touched in yesterday's trade.

The benchmark index had gained 1,659.20 points in the previous six sessions.

Mahek Chahal eliminated from 'Bigg Boss Halla Bol'

Mumbai - Model-actress Mahek Chahal was Thursday eliminated from popular reality show 'Bigg Boss- Halla Bol', an extended segment of 'Bigg Boss 8'.

Mahek, a participant on 'Bigg Boss 5', was one of the challengers on the show, besides Sambhavna Seth, Ajaz Khan, Rahul Mahajan, and Sana Khan. She is the third challenger to be evicted after Ajaz and Sana.

The 'Nayee Padosan' actress said she is not disappointed with her exit after staying in the house for only two and a half weeks.

Rupee extends gains, up 7 paise to 61.56 against dollar in early trade

Mumbai - Extending gains for the sixth straight day, the rupee strengthened by another 7 paise to 61.56 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange amid sustained overseas capital inflows.

Traders said apart from continued selling of the American currency by exporters, a record opening in the domestic equity markets and sustained inflows of foreign funds supported the rupee.

The rupee had ended six paise higher at 61.63 against the dollar in yesterday's trade.

Sensex breaches 29,000-mark; Nifty hits new peak of 8,754

Mumbai - Continuing their record-setting spree for the third straight session, the benchmark BSE Sensex crossed the 29,000-mark for the first time and the NSE Nifty hit a new peak of 8,754.65 in opening trade today on robust fund inflows amidst a firming trend overseas.

Besides, optimism among funds and retail investors over encouraging Q3 earnings by bluechip companies, so far, also buoyed trading sentiments, brokers said.

The 30-share index crossed the landmark 29,000-level for the first time by surging 124.02 points, or 0.42 percent, to hit yet another high of 29,012.88, breaking its previous record of 28,958.10 (intra-day) touched yesterday.

PFRDA chief eyes 20% coverage of the poor by FY18

PFRDA chief eyes 20% coverage of the poor by FY18Mumbai: Pension fund regulator PFRDA Wednesday said it aims at increasing pension coverage for the deprived section to 15-20 percent over the next few years.

"Today pension coverage in the unorganised sector is a poor 3-4 percent and we want to take it to 15-20 percent in the next two-three years," Pension Fund Regulatory and Development Authority (PFRDA) Chairman Hemant Contractor told reporters on the sidelines of an event here.

He said the Swavalamban scheme, which is a part of the Jan Dhan Yojana, is likely to bring in more people from the vulnerable sections under the ambit of formal pension system.

SpiceJet shares tank over 8% on fresh financial worries

SpiceJetMumbai: Shares of SpiceJet Wednesday settled over 8 percent lower after Mumbai Airport asked the budget carrier to immediately pay the pending dues of Rs 5 crore and provide a bank guarantee of Rs 15 crore.

After falling 8.69 percent to Rs 21 in intra-day trade at the BSE, shares of SpiceJet ended 8.26 percent lower at Rs 21.10.

The company's market capitalisation fell by Rs 101.56 crore to Rs 1,129.44 crore.

On the volume front, 120 lakh shares of the company changed hands at the BSE during the day.

Sensex hits fresh peak of 28,939.92; Nifty at 8,730.45

Mumbai - The BSE Sensex continued its record-setting spree and breached 28,900-mark and the NSE Nifty touched a new peak of 8,730.45 in early trade on Wednesday on sustained fund inflows, driven by the encouraging corporate earnings coupled with pre-budget optimism among participants.

Rising for the fifth straight day, the 30-share index rose by 155.25 points, or 0.53 percent, to hit a new peak of 28,939.92.

The gauge had gained almost 1,438 points in previous four sessions to close at a record high at 28,784.67 in yesterday's session. It had also touched an intra-day lifetime high of 28,829.29 in the previous session.

Rupee down 6 paise to 61.77 against dollar in early trade

Mumbai - Slipping from over two-month high, the rupee shed 6 paise to 61.77 a dollar in early trade on Tuesday at the Interbank Foreign Exchange market as the US currency strengthened overseas.

Dealers said besides dollar's gains against other currencies overseas, increased demand for the American unit from importers put pressure on the rupee but a higher opening in the domestic equity markets capped losses.

The rupee had jumped by 16 paise to end at over two-month high of 61.71 against the greenback on good inflows in local markets and sustained dollar sales by exporters.

Sensex extends gains, surge 112 points in early trade

Mumbai - Maintaining its winning streak for the fourth straight day, the benchmark BSE Sensex rose by another 112 points in early trade today on sustained buying by funds and retail investors amid a firming Asian trend.

The 30-share index, which gained over 915 points in the previous three sessions, rose by 112.16 points, or 0.40 percent, to 28,374.17.

All sectoral indices, led by metal and IT, were trading in the positive zone with gains up to 0.62 percent.

Also, the National Stock Exchange index Nifty was trading higher by 38.35 points, or 0.45 percent, to 8,589.05.

Kussh Sinha’s wedding reception today

Mumbai - The wedding reception of Kussh Sinha, son of actor-politician Shatrughan Sinha will be held Monday evening.

Kush tied the knot with Taruna Agrawal, who hails from a London-based NRI family, in presence of Prime Minister Narendra Modi.

Kush, 31, looks after Shatrughan's film and television production business, unlike his twin brother Luv, who has tried his hand in acting.

Shatrughan, a former Union Minister, is the BJP MP from Patna.

His daughter actress Sonakshi Sinha, who was last seen in the recently released movie 'Tevar', took time off from her shooting schedules to attend her brother's wedding.

Rupee gains 29 paise to trade at almost 2-month high of 61.58

Mumbai - Extending gains for the third straight session, the rupee advanced by 29 paise to trade at almost 2-month high of 61.58 against the dollar in early trade today at the Interbank Foreign Exchange on continued selling of the US currency by exporters and banks.

Forex dealers said besides increased selling of the American currency by exporters and banks, a higher opening in the domestic equity market supported the rupee but dollar's strength against other currencies capped the gains.

The Indian rupee had appreciated by 19 paise to log its over one-month closing high of 61.87 against the greenback in the previous session.

Sensex rises 145 points in early trade on fund inflows

Mumbai - The benchmark BSE Sensex on Monday rose by over 145 points in early trade, extending its winning streak for the third straight session on sustained overseas fund inflows and better-than-expected quarterly earnings.

Besides, a mixed trend at other Asian markets influenced trading sentiments here.

The 30-share index rose by 145.92 points, or 0.52 percent, to 28,267.81 points. The gauge had gained 775.07 points in the previous two sessions.

The wide-based Nifty of the National Stock Exchange moved up by 35.20 points, or 0.41 percent, to 8,549.00.

Sana Khan eliminated from 'Bigg Boss Halla Bol'

Mumbai - Model-actor Sana Khan today got eliminated from the popular reality show 'Bigg Boss- Halla Bol', an extended segment of 'Bigg Boss 8'.

Sana, who was a runner up on 'Bigg Boss 6', was one of the challengers on the show, besides Sambhavna Seth, Ajaz Khan, Rahul Mahajan, and Mahek Chahal.

"My experience inside the house was amazing. It was a lot of fun. It is another thing that I could not offer the show what others could and hence I was evicted.

"I could not create any drama as neither I have any ex-husband (Dimpy-Rahul) on the show nor any romantic angle (Karishma-Upen). I did not have a story to bank up on," Sana said.

Sensex falls 120 points in early trade on profit-booking

Mumbai - After its biggest single-day rally in over 5 years in Thursday's trade, the benchmark BSE Sensex fell over 120 points to slip below the 28,000 level in early trade today on profit-booking by participants despite the country's trade deficit falling to a 10-month low in December.

Besides, discouraging third quarter earnings by TCS and a weak trend in global market also dampened the sentiments.

The 30-share barometer fell by 120.18 points, or 0.43 percent, to 27,955.37 with stocks of realty, oil & gas, IT, metal, banking, auto, and FMCG sectors declining the most.

Rupee down 11 paise at 62.17 against US dollar

Mumbai - The rupee fell by 11 paise to 62.17 against the dollar in early trade on Friday at the Interbank Foreign Exchange market due to appreciation of the US currency overseas.

Dealers attributed the domestic currency's fall to dollar's gains against other currencies overseas and a lower opening in the domestic equity market.

The rupee had gained 12 paise to close at 62.06 after hitting a two-month high of 61.47 against the dollar in yesterday's trade amid a rally in stock markets following RBI's 25 basis points rate cut.

Meanwhile, the benchmark BSE Sensex was down by 120.18 points, or 0.43 per cent, at 27,955.37 in early trade today. PTI




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