Call us +91 -7376325889/ 7376335889
Mail
Support
Partners
Careers
Knowledge Center
Downloads
Margin Calculator
Equity
F&O
MF
Online Trading
Open an Account
Back Office
Apply IPO
ABOUT US
SERVICES
MARKETS
Equity
Derivatives
Mutual Fund
IPO
PORTFOLIO
OUR RECOMMENDATIONS
CONTACT US
CALCULATORS
MENU
×
HOME
SERVICES
MARKETS
PORTFOLIO
OUR RECOMMENDATIONS
ABOUT US
SERVICES
CONTACT US
CALCULATORS
Online Trading
Open an Account
Back Office
Apply IPO
Equity Analysis
NEWS
Price
Volume
Analysis
Company Profile
News Analysis
Corporate Action
Other Markets
Gainers & Losers
Pre-Session
Mid-Session
End-Session
Hot Pursuit
Corporate News
Foreign Markets
Economy-News
Corporate Results
Stock Alert
Market Beat
Other-Markets
Quick-Peek
FuturesMarket
Political-News
Analyst-Poll
MF-News
IPO-News
Other Markets - Detailed News
Back
INR slips, improving industrial output could cap losses
15-Apr-24 11:56 Hrs IST
The Indian rupee eased today, nearing record low against the US dollar as aggravating tensions in the Middle East that bears support for the safe haven currency. The US dollar index futures are lingering around a five month high of 105.70. INR has been falling after testing a two week high against the US dollar even as local equities stayed supported in volatile trades last week before falling on Friday. The headline NSE Nifty index fell 234.40 points or 1.03 percent to close at 22,519.40 in last session, coming off record highs. Meanwhile, in economic news, India's retail inflation fell to 4.85 per cent on an annual basis in March as against 5.09 per cent in the previous month, sliding to a ten month low. The industrial production surged to a four-month high of 5.7 per cent in February compared with 4.2 per cent in the previous month. This can support the INR somewhat today. The Rupee currently quotes at 83.44 per US dollar, down 6 paise on the day.
Powered by
Capital Market - Live News