Thursday, December 9, 2010

Rupee down by 11 paise against dollar in early trade

MUMBAI: The rupee weakened by 11 paise to trade at Rs 45.32 against the US dollar in early trade at the Interbank Foreign Exchange today, on account of large scale-capital flows towards the year-end.

Dealers said weak sentiments at the stock markets on capital outflows by funds kept pressure on the Indian rupee.

The rupee had ended 13 paise lower at Rs 45.21/22 against the US dollar in yesterday's session.

Meanwhile, the Bombay Stock Exchange benchmark Sensex was down by 167.79 points at 19,074.57 level in the opening trade today.

Read more: Rupee down by 11 paise against dollar in early trade - The Times of India http://timesofindia.indiatimes.com/business/india-business/Rupee-down-by-11-paise-against-dollar-in-early-trade/articleshow/7075161.cms#ixzz17gOH8Fzn

Sensex back in green, jumps 130 pts

MUMBAI: The Bombay Stock Exchange benchmark Sensex reversed early losses to trade over 130 points above its previous close at 1000 hrs today, as investors became active accumulating blue-chip stocks at prevailing attractive levels.

The Sensex, which had lost over 167 points in the opening trade, was up by 131.25 points or 0.68 per cent at 19,373.61 level at 1000 hours, with bank, oil and gas, metal and healthcare stocks making handsome recovery.

Meanwhile, the broad-based National Stock Exchange index Nifty was up by 47.35 points to trade above 5,800 level at 5,813.85, after dipping to 5,721.15 point in the opening trade.

Brokers said stocks turned positive as investors returned to buy frontline stocks at prevailing lower levels.

Read more: Sensex back in green, jumps 130 pts - The Times of India http://timesofindia.indiatimes.com/business/india-business/Sensex-back-in-green-jumps-130-pts/articleshow/7075187.cms#ixzz17gNvnhwo