CapitalVia: Rupee hit a new record low

■■ #Rupee opened at 64.90/USD against 64.12 on Wednesday.
■■ The markets opened in the red today on fresh selling by funds and retail investors owing to weak global cues.
■■ The markets have turned positive after opening deeply in the red and now both benchmark indices are trading with moderate gains.
■■ Stocks in news: Kalindee, Asian Paints, Hindalco, Sesa Goa.
■■ #SesaGoa will replace #SterliteIndustries in the 30-share benchmark S&P BSE Sensex from August 27.
■■ BSE index #Sensex is trading at 17,921.24 up 15.33 points 
■■ The 50-share NSE index #Nifty is trading at 5,301.05 down 1.50 points.



RUPEE HIT A NEW RECORD LOW; BREACHED 65/USD; MAY TOUCH 70/USD IN A MONTH
 

☛ #Rupee opened at 64.90/USD against 64.12 on Wednesday.
☛ It breached 65 per dollar soon after opening on the back of bank's heavy dollar demand and poor market sentiments.
☛ It has turned worst performing currency in Asia being under pressure for fifth straight session on the back of dollars outflows. ☛ It could touch 70 against the U.S. dollar in a month or so.






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