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Thursday
August 2021
2:49 AM IST
News Headlines
Bajaj Auto July sales jumps 44 pc in Jul        Pegasus issue: SC to hear on Aug 5 pleas seeking probe into snooping allegations        Dutee finishes last in her 200m heat race, fails to qualify for semifinals at Olympics        Pakistan reports spike in new COVID-19 cases        Mexico's referendum on trying ex-presidents falls short        Berlin protesters decry coronavirus measures; 600 detained        Brave Indian women create history, enter maiden Olympic hockey semifinals        Tokyo Olympics: Badminton star P V Sindhu scripts history on Super Sunday        India beat South Africa 4-3 to keep QF hopes alive in Olympic women's hockey        World No.1 Panghal's Olympic campaign ends with shocking loss to Colombian Martinez        COVID-19: India records 41,649 fresh cases, 593 more fatalities        TREMOR        Das knocks out Olympic champion in Tokyo, joins wife Deepika in last-16        Air India sold its 115 properties for Rs 738 crore since 2015: Govt        Researchers Develop Variants Of More Potent, Stable Nanobodies To Fight SARS-CoV-2        Assam, Mizoram trade barbs over deployment of security forces at interstate border        HC rejects plea to reassess minority status of Christians, Muslims in Kerala        Govt hiding on Pegasus issue, responsible for Parliament logjam: Congress        True legend of Indian badminton: tributes pour in after legendary Nandu Natekar dies        Tendulkar helps farmer's daughter to pursue dream of becoming doctor        
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Business News
Rupee inches 3 paise higher to 74.51 against US dollar in early trade
 
Mumbai: The Indian rupee opened on a flat note and inched higher by 3 paise to 74.51 against the US dollar in early trade on Friday, as investors await fresh triggers. At the interbank foreign exchange, the domestic unit opened at 74.53 against the dollar, then inched higher to 74.51, registering a gain of just 3 paise over its previous close.

On Thursday, the rupee had settled at 74.54 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent down at 92.56.

The Indian Rupee opened flat against the US Dollar this Friday as investors await fresh triggers, Reliance Securities said in a research note.

Moreover, Asian currencies have started weak and could weigh on sentiments, the note said. "Technically, USDINR Spot pair supports are at 74.38 and 74.25. Resistances are at 74.60 and 74.75," it added.

On the domestic equity market front, BSE Sensex was trading 16.51 points or 0.03 per cent lower at 53,142.34, while the broader NSE Nifty advanced 1.50 points or 0.01 per cent to 15,925.70.

Forex traders said foreign fund outflows and firm crude oil prices could weigh on investor sentiment and cap the appreciation of the local unit.

Foreign institutional investors were net sellers in the capital market on Thursday as they offloaded shares worth Rs 264.77 crore, as per exchange data.

Global oil benchmark Brent crude futures was trading unchanged at USD 73.47 per barrel.


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KERALA NEWS
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INTERNATIONAL NEWS
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NATIONAL NEWS
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