In the trade market, Indian currency continued to fall and depreciate against the US Dollar, giving concerns to investors and traders. On October 10, the rupee fell by 39 paise, to an all-time low of 82.69 against the US dollar, whereas the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.02% higher at 112.81.
The rupee depreciated 16 paise to an all-time low of 82.33 against the US dollar in early trade on October 7. The constant fall in the Indian rupee, against US Dollar, and the risk-averse sentiment among investors. Moreover, a negative trend in domestic equities elevated crude oil prices. In addition, 30-share BSE Sensex was trading 111.83 points at 58,110.27, while the broader NSE Nifty fell 38.00 to 17,293.80.
In early trade, rupee declined by 12 paise to Rs 79.76 against US Dollar, on August 19. At the interbank foreign exchange, the rupee opened at 79.75 against the US dollar, then fell to 79.76. Furthermore, the dollar index, which gauges the greenback's strength and rose 0.13 per cent to 107.62. Moreover, Sensex was trading 17.07 points higher at 60,315.07, while NSE Nifty was up 15.35 points at 17,971.85.
In early trade on June 29, the Indian currency decreased hitting a low record at 78.96 against the US dollar. At the interbank foreign exchange, the rupee opened at 78.86 against the US dollar, then inched to quote 78.96, registering a slip of 11 paise. Furthermore, Sensex was trading 474.05 points or 0.89% higher at 52,703.40 and the NSE Nifty advanced 137.75 points to 15,712.45.
Courtesy: The Hindu
Hindustan Motors' stock was trading at Rs 17.35 on the BSE, trapped at a 5% upper circuit on June 2. On NSE and BSE, around 11.68 million equity shares changed trades, representing 5.6% of total equity. The stock has increased by 77% in three weeks, from Rs 9.83 on May 12. The exchanges requested clarification from Hindustan Motors over a substantial price fluctuation in order to assure and protect investors.
Courtesy: Business Standard