Business Standard

Rupee keeps losses; shares extend losses

Image

Reuters

Reuters Market Eye - The rupee is keeping losses with local stocks extending losses. The pair is at 62.20/21 after hitting an intraday high of 62.27, the highest since January 7. It had closed at 61.9275/9375 on Thursday. The BSE Sensex extended losses, down 0.9 percent.

Dealers cite resistance around 62.20 levels and a 62.10-62.30 trading band likely for rest of the session.

The pair is headed for its biggest weekly gain in over a month, up 1 percent.

(Reporting by Subhadip Sircar)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 24 2014 | 1:11 PM IST

Explore News