Friday, October 28, 2011

Rupee closes at 1-month high vs dollar

Rupee closes at 1-month high vs dollar


Rupee closes at 1-month high vs dollar

Posted: 28 Oct 2011 07:03 AM PDT

The rupee on Friday posted its biggest jump in the last 17 months by gaining 74 paise to close at a one-month high amid signs of fresh capital inflows.


Indian tomatoes flood Pak, push up domestic prices

Posted: 28 Oct 2011 05:46 AM PDT

Lured by high profits, Indian traders are flooding the Pakistan market with tomatoes, affecting domestic supplies and pushing up prices back home.


Sensex closes 516 points higher

Posted: 28 Oct 2011 04:51 AM PDT

The BSE Sensex on Friday zoomed 516 points, biggest jump in two months, on funds buying blue-chips such as RIL and Infosys amid global rally on easing euro-zone debt crisis and hopes of a pause in RBI rate hikes.


Gold at Rs 2,8000, silver up by Rs 2,300

Posted: 28 Oct 2011 03:19 AM PDT

Trading sentiment turned bullish as gold rallied in global markets as European leaders agreed on a plan to contain the region's debt crisis.


Sahara's $5bn savings spat is India's loss: Report

Posted: 28 Oct 2011 01:54 AM PDT

Sahara, the Indian savings house that sponsors its nation's cricket team, has been ordered to return a whopping $4.9 billion raised from nearly 30 million mostly rural investors.


Re hits 2-wk high on Europe debt deal

Posted: 27 Oct 2011 11:11 PM PDT

The rupee rose to its strongest level in nearly two weeks on Friday as appetite for riskier assets improved after European leaders thrashed out a plan on Thursday to contain the region's debt crisis, propelling the euro and global equities higher.


Sensex up 456pts on strong global cues

Posted: 27 Oct 2011 10:55 PM PDT

Sensex was up 456 points in early trade - after opening stronger by over 600 points - on buying in metal, auto, banking, realty and capital goods stock.

Rupee spurts 67 paise against dollar

Posted: 27 Oct 2011 09:54 PM PDT

The rupee spurt 67 paise to Rs 48.83 against the US dollar in early trade on the Interbank Foreign Exchange on Friday, supported by euro gains against the American currency and a sharp rise in the domestic equities market.


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