![]() On the other hand, Indusland Bank, Asian Paint, Ultratech Cement, HDFC Bank, and Titan were among the laggards. Stocks of HCL Tech, Tech Mahindra, NTPC, Power Grid, and Bajaj Finser were among the top gainers. The broader NSE Nifty also rose 51.7 points to 17,563.95. Meanwhile, in the equity markets, the 30-share BSE Sensex gained 95.71 points or 0.16% to 59,202.90 on Thursday. “As the USD/INR was trading in a very narrow range of 82 to 82.40 for a couple of trading sessions, liquidity remained quite thin in the market.”Īccording to dealers, the Reserve Bank of India did not step in to contain the situation, leading to the depreciation of the local currency. This stability, however, has come at a price. “A couple of oil and gas public sector undertakings may have made dollar purchases of about $1 billion,” Vice President of Shinhan Bank Kunal Sodhani told Business Standard. NEW DELHI: The Indian rupee has lost relatively little against the American dollar compared to several other major currencies. It had tumbled 60 paise to close at its lifetime low of 83.02 per dollar. On Wednesday, the Indian currency had breached the 83-mark against the dollar to fall to a record low due to rising crude oil prices in the global market and concerns of rate hikes in by central banks. The domestic currency made some recovery later in the trading session to close at 82.75. The rupee on Thursday fell 27 paise to touch an all-time low of 83.29 against the United States dollar in intra-day trading amid continuous outflow of foreign capital and a strong US currency in the overseas markets, Bloomberg reported. Gujarat HC fines petitioners Rs 25,000 for opposing sale of shop to Muslim man in Hindu area. ![]()
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