The Indian Rupee beat firmness v/s USD in early trades on Tuesday, 22 August 2017 on bigger selling of the US currency, by exporters and banks. In addition, the weakness of USD against major currencies overseas and a pickup in domestic stocks opening kept the domestic unit in good mood. The Rupee opened at Rs 64.06 against the USD but fell to a low of 64.09 so far during the day. The rupee gained 5.90% while FII’s bought USD 7.35 billion in equity market and USD 19.06 billion in debt markets, so far this year.
Live Market Update: At 12 PM, the BSE Sensex was trading at 31,366 up 107 points, whereas NSE Nifty was alongside at 9,795 up 41 points. A total of 15 stocks hit a fresh 52-week high in trade, while 48 stocks registered a new 52-week low on the NSE.
Rising Stocks: Dr Reddy Laboratories was top gainer in the index trading at Rs 1,975.95share apiece, up by 2.32 percent. In parallel, Lupin and Divi’s Lab are also trading in positive terrain higher by more than 1 percent.
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