# Business

Rupee sheds 18 paise against US Dollar

The Rupee depreciated 18 paise to 65.05 against the US Dollar in early trade on Thursday at the Interbank Foreign…

PTI | Mumbai | April 6, 2017 5:23 am

The Rupee depreciated 18 paise to 65.05 against the US Dollar in early trade on Thursday at the Interbank Foreign Exchange market on fresh demand for the American unit from importers and banks.

Dealers attributed the Rupee's fall to fresh demand for the US currency and a lower opening in the domestic equity market.

However, weakness in the US Dollar against some currencies in the global market limited the Rupee fall, they said.

On Wednesday, the Rupee had gained 16 paise to close at a fresh 17-month peak of 64.87 against the US Dollar on heavy selling of the American currency by banks and exporters.

Meanwhile, the benchmark BSE Sensex was trading lower by 121.94 points, or 0.40 per cent, at 29,852.30 in opening deals.

# Business

Market ends weak amid selling across sectors

At close, the Sensex was down 820.97 points or 1.03% at 78,675.18, and the Nifty was down 257.80 points or 1.07% at 23,883.50.

# Business

Market fails to hold gain; continues 3-day losing streak

At close, the Sensex was up 9.83 points or 0.01 per cent at 79,496.15, and the Nifty was down 6.90 points or 0.03 per cent at 24,141.30.

# Business

Indices end lower for 2nd consecutive session amid selloff

At close, the Sensex was down 55.47 points or 0.07 per cent at 79,486.32, and the Nifty was down 51.15 points or 0.21 per cent at 24,148.20 .Equities ignored positive global markets after the US Federal Reserve cut its benchmark lending rate by a quarter percentage point.