- At 9:30 a.m., the partially convertible rupee was at 46.70/71 per dollar, weaker than Thursday’s closing of 46.60/61.
- The dollar has weakened to a near 2-1/2-month low against a basket on currencies on Friday. The euro’s outlook seems positive due a short-covering rally that lifted it through key resistance levels.
- Shares at the NSE and BSE were barely traded early today apart from Tata Consultancy Services which rallied after the company beat forecast and said it was expecting a strong demand in the near term.
Friday, July 16, 2010