FADX 15 Futures offer investors a new way of investing on the ADX market
Markets1 week ago
The Indian rupee appreciated five paise to 77.52 against the US dollar (21.12 versus the UAE dirham) in the opening trade on Wednesday as a firm trend in the Indian equities boosted investor sentiments.
However, surging global crude prices and unabated foreign capital outflows capped the appreciation bias in the local unit, forex traders said.
At the Indian interbank foreign exchange, the rupee opened at 77.54 against the American dollar, then gained some more ground to quote 77.52, registering a rise of five paise over the previous close.
It was moving in a close range of 77.54 to 77.51 in early deals. In the previous session, the rupee settled at 77.57 against the American currency.
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent higher at 101.92.
On the Indian equity market front, the 30-share Sensex was trading 242.62 points or 0.45 per cent higher at 54,295.23 points while the broader NSE Nifty climbed 68.85 points or 0.43 per cent to 16,194 points.
ALSO READ:
Global oil benchmark Brent crude futures surged 1.20 per cent to $114.92 per barrel.
(with inputs from PTI)
FADX 15 Futures offer investors a new way of investing on the ADX market
Markets1 week ago
Global oil benchmark Brent crude futures fell 0.91 per cent to $115.17 per barrel
Markets1 week ago
Spot gold was down 0.04 per cent at $1,838.45 per ounce as of 9.15am UAE time
Markets1 week ago
The dollar index fell 0.30 per cent to 104.38
Markets1 week ago
Spot gold was trading at $1,842.76 per ounce at 9.30am UAE time, up 0.22 per cent
Markets1 week ago
Saudi Arabia’s benchmark index slid 4.4 per cent, its biggest intraday fall since November 2021, as stocks fell across the board including oil behemoth Saudi Aramco, which retreated four per cent
Markets1 week ago
The south Asian nation currency is expected to remain under pressure as the greenback is in high demand in the market due to uncertainty over political and economic crises
Markets1 week ago
Investors worry that Fed rate hike could have adverse effects on economic growth
Markets1 week ago