Rupee drops 6 paise to Rs 65.10 against US dollar


New Delhi: The Indian rupee on Monday lowered 6 paise to Rs 65.10 against the US dollar in early rade on account of purchasing American currency by banks and importers.

Check out state-wise petrol price of 20th October 2017

Rupee in the previous session settled lowered 2 paise to Rs 65.04 against US Dollar.  For now domestic equity markets commenced on flat note subsequent to mixed global cues.

The forex market was closed on Thursday and Friday on account of Diwali holidays. The BSE Sensex commenced 21.90 points, or 0.07 per cent, grew at 32,411, whereas NSE Nifty index 30.10 points, or 0.30 per cent, grew at 10,176.65. 

Broking further stated that on Monday USDINR spot predictable to deal sideways as markets commenced following a long weekend prompting dealers to place non-speculative bets.

Foreign portfolio investors sold stocks of Rs 293.88 crore in the previous session on Wednesday with gross buy and gross sales stand at Rs 4,464.13 crore and Rs 4,758.01 crore, correspondingly.

Check out state-wise petrol and diesel price of 22nd October 2017

Administration bonds decreased previous week amid thin trading volumes, as dealers slashed positions ahead of the holidays. The Global benchmark 6.79% 2027 bond yield was unaltered at 6.76 per cent in the preceding session.