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Rupee falls for third week; closes at six-month low of 55.63 Vs dollar Rupee falls for third week; closes at six-month low of 55.63 Vs dollar In straight three-week of losing string, Rupee has slumped by 169 paise or 3.13 percent.
Market snaps five-week rally; Sensex, Nifty tank 3% Market snaps five-week rally; Sensex, Nifty tank 3% The broad-based 50-issue CNX Nifty of the NSE tanked by 203.75 points, or 3.29 percent, to close the week at 5,983.55.
Rupee falls for 6th day, down 4 paise at 55.63 on USD demand Rupee falls for 6th day, down 4 paise at 55.63 on USD demand On a weekly basis, the rupee fell by 1.36 percent or 75 paise as dollar demand outweighed supply and stocks fell.
Sensex snaps 4-day losing run; up 30pts as Tata Steel surges 5% Sensex snaps 4-day losing run; up 30pts as Tata Steel surges 5% Rising for the first time this week, the BSE benchmark Sensex today rose by 30 points, boosted by a 5 per cent jump in Tata Steel and gains in fundamentally strong stocks led by consumer durables and metals.
Rupee down 10 paise at 55.69 against dollar Rupee down 10 paise at 55.69 against dollar The rupee on Friday weakened further by 10 paise to 55.69 against the dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency overseas.
BSE Sensex regains early momentum; up 53 points BSE Sensex regains early momentum; up 53 points The 30-share index, which had lost 612 points in the previous four sessions, rose by 53 points to 19,727.
Indian market infrastructure among world's best: Sebi Chairman Indian market infrastructure among world's best: Sebi Chairman Prior to Sebi coming into existence, the capital markets were regulated by the Capital Issues (Control) Act of 1947.
No need for nervousness, Chidambaram assures stock markets No need for nervousness, Chidambaram assures stock markets Indian markets should read situation correctly rather than being influenced by something happening elsewhere, he said.
Rupee partially recovers after sinking below 56-mark Rupee partially recovers after sinking below 56-mark After sinking below 56-mark in early trade on heavy dollar demand, the rupee today erased some losses but still ended 13 paise lower at fresh six-month low of 55.59 amid signs of capital inflows in battered equities and exporters selling the American currency to book profits..
Sensex falls below 20K, down 388 points; SBI loses over 7% Sensex falls below 20K, down 388 points; SBI loses over 7% The BSE benchmark Sensex Thursday lost 388 points to fall below 20,000 level on disappointing March quarter earnings from state-run lender State Bank of India, amid weak global trend after US Federal Reserve hinted at scaling down monetary stimulus.
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