Rupee Vs Dollar Today: At the interbank foreign exchange market, the domestic unit opened at 73.16 and registered an intra-day high of 73.10, rising against the dollar for the second day
Rupee Vs Dollar Today: Rupee settled at 74.25 against US dollar
The rupee recovered from early losses and gained by 15 paise against the US dollar on January 12, 2021, Tuesday, and settled at 73.25 (provisional) amid positive domestic equities and weakness in the American currency. At the interbank foreign exchange market, the domestic unit opened weak at 73.42 but recovered its lost ground. Amid the trading session, the rupee registered an intra-day high of 73.24 and a low of 73.44. In opening trade, the local unit depreciated four paise to 73.44 against the greenback tracking muted domestic equities. On January 11, 2021, Monday, the rupee had settled at 73.40 against the American currency.
On Wednesday, the indices would take hold at the level of 14,650/49,800 or at 14,700/50,000. On the downside, the Nifty should find support between 14,450 or at 14,400.
After The Bell: Sensex scales Mount 49k, what should investors do on Tuesday?
The benchmark index is heading towards the short-term target of 14,600, beyond which 15,000 will be the next major target. On the downside, 14,300-14,250 will act as a key support zone, say experts. January 11, 2021 / 05:17 PM IST
What a start to the week! The S&P BSE Sensex zoomed past 49,000 for the first time to hit 49,303, while the Nifty50 found a new high of 14,498.
Both the benchmark indices ended the day at new highs, with the Sensex up 486 points at 49,269 and the Nifty50 gaining 137 points to 14,484.
While the benchmarks rallied around 1 percent each, small and midcaps close in the red. The S&P BSE midcap index fell 0.08 percent, while the S&P BSE smallcap index closed with losses of 0.17 percent.