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Indian rupee hits record low of 60 against dollar Indian rupee hits record low of 60 against dollar The rupee hit 60 against the US dollar in early trade Thursday on strong demand for the American currency from banks and importers in view of sustained foreign capital outflows.
BSE Sensex plunges below 19K level; tanks 400 points BSE Sensex plunges below 19K level; tanks 400 points The wide-based National Stock Exchange index, Nifty fell by 117 points to 5,705.
Asian markets tumble as Fed eyes end to stimulus Asian markets tumble as Fed eyes end to stimulus Asian markets suffered a sell-off Thursday, following heavy losses on Wall Street, after the Federal Reserve indicated it would start easing back on its multi-billion-dollar stimulus drive this year.
Rupee snaps 2-day fall, up 7 paise against dollar Rupee snaps 2-day fall, up 7 paise against dollar Erasing early losses, rupee Wednesday ended 7 paise higher at 58.70 -- its first gain in three days -- on recovery in local stocks and fresh dollar selling by exporters ahead of the outcome of US Fed policy meet.
Rupee weakens further to 58.91 Vs dollar Rupee weakens further to 58.91 Vs dollar The rupee moved in a range of 58.62 per dollar and 58.91 per dollar during the late morning deals.
Rupee at record closing low of 58.77 against dollar Rupee at record closing low of 58.77 against dollar The rupee Tuesday sank by a whopping 90 paise to all-time closing low of 58.77 on massive dollar buying by banks and importers as forex markets became jittery ahead of Fed's decision on continuing monetary stimulus.
Sensex slips 103 points on profit-booking ahead of US Fed meet Sensex slips 103 points on profit-booking ahead of US Fed meet Shares of banking, consumer durables, PSU, capital goods and power declined on renewed selling pressure. Refinery, FMCG and auto shares also moved down on profit-booking.
ICICI Bank raises Chinese yuan 650 mn through bond sale ICICI Bank raises Chinese yuan 650 mn through bond sale Top private lender ICICI Bank on Tuesday raised yuan 650 million in an offshore Chinese debt market offering, merchant bankers associated with the bond sale said.
Investors redeem $8 bn from emerging market bond, equity funds Investors redeem $8 bn from emerging market bond, equity funds Emerging market bond and equity funds witnessed their biggest weekly redemptions as they withdrew more than USD 8 billion last week.
Rupee weakens by 59 paise to 58.46 Vs dollar Rupee weakens by 59 paise to 58.46 Vs dollar It hovered in a range of 58.22 per dollar and 58.46 per dollar during the late morning deals.
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