Sunday, October 10, 2010

Rupee gains 20 paise against dollar

STAFF WRITER 9:32 HRS IST

Mumbai, Oct 11 (PTI) The rupee appreciated by 20 paise to Rs 44.22 a dollar at the Interbank Foreign Exchange market in early trade today on surging capital inflows.

Besides, dollar's weakness against major currencies overseas, also supported the rise in the rupee, dealers said.

The rupee had ended 23 paise lower at Rs 44.42/43 against the dollar in the previous session.

Meanwhile, the Bombay Stock Exchange index Sensex surged by 211.01 points to 20,461.27 points in early trade.

Sensex surges by 211 pts in early trade

STAFF WRITER 9:14 HRS IST

Mumbai, Oct 11 (PTI) The Bombay Stock Exchange benchmark Sensex surged by 211 points in early trade today on fresh buying by funds amid firm global cues.

The 30-share index rose by 211.01 points to 20,461.27 points in the first five minutes of trading.

Similarly, the broad-based National Stock Exchange index Nifty rose by 84.30 points to 6,187.75 points.

Marketmen said fresh buying by foreign funds and firming trend in the Asian region mainly influenced the trading sentiment.

The Hong Kong index rose by 1.1 per cent in the morning trade.