Rupee up by 2 paise against dollar in early trade

STAFF WRITER 9:59 HRS IST

Mumbai, Apr 9 (PTI) The rupee appreciated by 2 paise to 44.43 a dollar in early trade today on capital inflows by foreign funds and a weak US currency overseas.

At the Interbank Foreign Exchange (Forex) market, the rupee appreciated by 2 paise to trade at 44.43 a dollar.

The rupee had closed higher by 9 paise at 44.45/46 a dollar in the previous session.

Dealers said besides fresh capital inflows by foreign funds following upsurge in equity markets, dollar's weakness against major currencies also supported the Indian rupee.

Meanwhile, the Bombay Stock Exchange index Sensex rose by 154.53 points, or 0.82 per cent, to 17,868.93 points in the opening trade today.

Rupee up by 2 paise against dollar in early trade

STAFF WRITER 9:59 HRS IST

Mumbai, Apr 9 (PTI) The rupee appreciated by 2 paise to 44.43 a dollar in early trade today on capital inflows by foreign funds and a weak US currency overseas.

At the Interbank Foreign Exchange (Forex) market, the rupee appreciated by 2 paise to trade at 44.43 a dollar.

The rupee had closed higher by 9 paise at 44.45/46 a dollar in the previous session.

Dealers said besides fresh capital inflows by foreign funds following upsurge in equity markets, dollar's weakness against major currencies also supported the Indian rupee.

Meanwhile, the Bombay Stock Exchange index Sensex rose by 154.53 points, or 0.82 per cent, to 17,868.93 points in the opening trade today.

Rupee up by 2 paise against dollar in early trade

STAFF WRITER 9:59 HRS IST

Mumbai, Apr 9 (PTI) The rupee appreciated by 2 paise to 44.43 a dollar in early trade today on capital inflows by foreign funds and a weak US currency overseas.

At the Interbank Foreign Exchange (Forex) market, the rupee appreciated by 2 paise to trade at 44.43 a dollar.

The rupee had closed higher by 9 paise at 44.45/46 a dollar in the previous session.

Dealers said besides fresh capital inflows by foreign funds following upsurge in equity markets, dollar's weakness against major currencies also supported the Indian rupee.

Meanwhile, the Bombay Stock Exchange index Sensex rose by 154.53 points, or 0.82 per cent, to 17,868.93 points in the opening trade today.

Sensex rises by 218 pts on higher earning expectations

STAFF WRITER 16:32 HRS IST

Mumbai, Apr 9 (PTI) The Bombay Stock Exchange benchmark Sensex today recovered by over 218 points on fund-based buying in heavyweight stocks, led by banks, on expectations of better fourth quarter earnings and firm global trends.

The 30-share index, which had lost 256 points in the previous session, bounced back to record a gain of 218.74 points to close at 17,933.14 points.

The BSE barometer commenced the day higher and recorded the longest nine-week gain since June last year. The index advanced 1.2 per cent this week.

Brokers said expectations of good fourth quarter result by India Inc and heavy foreign fund inflows boosted the bourses. The market is entering the period of quarterly earnings with IT major Infosys kickstarting the reporting season on Tuesday.

Most Asian stocks ended higher after overnight gains on Wall Street which also influenced the trading sentiment, they added.