Wednesday, June 15, 2011

Sensex falls 126 points in opening trade

Sensex
The Bombay Stock Exchange benchmark sensex fell by 126.42 points, or 0.69 per cent, to 18,005.82 in opening trade on Thursday.

The rupee depreciated by 7 paise to Rs 44.84 against the US dollar in early trade on the Interbank Foreign Exchange on Thursday, tracking dollar gains against the euro and other currencies overseas and a lower opening in the equity market.

Forex dealers said dollar strength against the euro and Asian currencies overseas and a weak start in the stock market mainly put pressure on the rupee.

The rupee ended 4 paise lower at Rs 44.77/78 against the US currency in yesterday's trade on fresh demand from banks and importers.

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