Rupee rises 8 paise to 79.61 against US dollar in early trade
Business | September 09, 2022 11:13 ISTAt the interbank foreign exchange, the domestic unit opened at 79.66 against the dollar, then touched 79.61 in initial deals.
At the interbank foreign exchange, the domestic unit opened at 79.66 against the dollar, then touched 79.61 in initial deals.
30-share Sensex pack of firms was trading in the green in early trade, with Asian Paints, UltraTech Cement, Bharti Airtel, ICICI Bank, Tech Mahindra, Infosys, Mahindra & Mahindra, and Bajaj Finance emerging as the biggest gainers.
At the interbank foreign exchange, the domestic unit opened at 79.72 against the dollar, then touched 79.68 in initial deals, registering a gain of 27 paise over its previous close.
From the Sensex pack, IndusInd Bank, Bharti Airtel, HCL Technologies, Axis Bank, Tech Mahindra, Kotak Mahindra Bank, HDFC, Infosys, HDFC Bank, and Reliance Industries were major laggards in early trade.
At the interbank foreign exchange market, the rupee opened at 79.93 against the greenback, registering a decline of 11 paise over its last close.
Power Grid, NTPC, Bharti Airtel, Reliance Industries, Titan, Maruti, HDFC Bank, Hindustan Unilever and Bajaj Finance were among the major gainers in initial trade.
At the interbank foreign exchange market, the rupee opened at 79.80 against the greenback, then fell further to 79.90, registering a decline of 12 paise over its last close.
The rupee opened at 79.84 against the dollar and touched 79.82 in initial deals, registering a gain of 5 paise over the last close.
ICICI Bank, Tech Mahindra, ITC, HCL Technologies, Tata Steel, Axis Bank, Reliance Industries, IndusInd Bank, and HDFC Bank were the major gainers in early trade.
NTPC, ITC, Bajaj Finance, Kotak Mahindra Bank, Larsen & Toubro, Titan, Mahindra & Mahindra, and Asian Paints were among the gainers in early trade.
Mumbai: At the interbank foreign exchange, the rupee opened at 79.92 against the American dollar and touched 79.84 in initial deals, registering a gain of 7 paise over the last close.
Mumbai: Sensex pack Bajaj Finserv, Maruti, Tata Steel, NTPC, State Bank of India, and Axis Bank were among the major winners. Bharti Airtel and Dr. Reddy's were the only laggards.
Key benchmark indices Sensex and Nifty were trading flat in the early session on the last trading day of 2020 with IT and FMCG stocks cancelling out gains made by financials and energy shares.
Rising for the third straight session, the Sensex rallied 355 points on Wednesday following gains in Reliance Industries, Infosys, and Kotak Bank amid a positive trend in global markets ahead of the outcome of the US presidential elections.
Equity benchmark Sensex rallied over 300 points in opening trade on Monday tracking strong gains in HDFC twins, ICICI Bank and Axis Bank amid positive cues from global markets.
BSE benchmark Sensex surged over 408 points in early trade in line with Asian peers as global investors weigh China's measures to prop up the coronavirus-hit economy. The NSE gauge Nifty too climbed over 123 points to trade above the psychological 12,000 level.
After swinging 608 points in a volatile session, the 30-share Sensex ended 246.68 points, or 0.65 per cent, higher at 38,127.08. It hit an intra-day high of 38,345.41 and a low of 37,737.85.
Domestic equity benchmarks BSE Sensex and NSE Nifty started on a highly volatile note on Thursday amid weak domestic cues. In the previous session on Wednesday, the 30-share index the 30-share index settled 286.35 points or 0.77 per cent lower at 36,690.50.
The benchmark BSE Sensex jumped over 150 points in early trade on Wednesday, led by gains in oil and gas, banking and IT stocks, ahead of the general election results.
The rupee opened strong at 70.12 at the interbank forex market, then gained further ground to touch 70.09 per dollar, displaying gains of 16 paise against the greenback.
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