Sharemarket

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  Rupee Rises, Importer Demand Limits Gains

  Foreign fund flows into the local sharemarket continued to aid the Indian unit, while gains in other Asian units versus the dollar also put downward pressure on the greenback.

• Rupee Retreats From Highs as RBI Steps Up Dollar Purchases

  The rupee was trading at 59.80/81 versus its close of 59.73/74 on Friday as the Reserve Bank of India (RBI) stepped up dollar purchases while a fall in the domestic sharemarket also hurt.

• Rupee Edges Up Tracking Asian Pairs

  The rupee edges up to 60.11/12 versus its Thursday's close of 60.14/15, tracking the dollar's losses versus most other Asian currencies and majors with the domestic sharemarket being watched for further clues.

• Rupee slips to 61.15 amid month-end dollar demand

  Traders will continue to monitor domestic sharemarket moves for cues on foreign fund flows. The BSE Sensex was trading down 0.2 per cent in early trade.

• Rupee ends lower at 60.37 per dollar, sees worst falling streak in 2-1/2 months

  The rupee dropped for a third straight session on Wednesday, its worst falling streak since late-January, as profit-taking in the domestic sharemarket by offshore investors hurt the local unit.

• Rupee off 5-week highs as shares fall

  Losses in the domestic sharemarket helping the pair. Earlier good foreign bank selling of the greenback likely on behalf of clients looking to invest in the debt market had hurt the pair.

• Rupee weaker, hurt by month-end dollar demand

  Traders, however, say gains in the domestic sharemarket may limit a very sharp rise in the pair. The BSE Sensex is trading up 1.3 percent.

• Rupee strong ahead of FDI vote in Lok Sabha

  The rupee continued to trade stronger at 54.53/54 versus its previous close of 54.68/69, helped by gains in the domestic sharemarket and tracking losses in the greenback versus the euro and some other Asian currencies.