Rupee edges up; stocks eyed

Tags: Rupee, News
The rupee is trading at 62.13/14 per dollar versus its previous close of 62.2825/2925. The USD/INR pair is seen moving in a 62.00 to 62.40 range during the day.

Traders will watch domestic shares, currently trading up 0.2 percent, for cues on foreign fund flows.

While the rise of 113,000 U.S. payrolls was well short of a forecast increase of 185,000, the details were not bad enough to sway the Federal Reserve from steadily winding down its bond-buying stimulus.

Asian markets made guarded gains on Monday, encouraged that Wall Street was able to weather a seemingly disappointing U.S. jobs report, though there is more than enough event risk ahead to keep investors cautious.


  • Centre and states must cooperate to get the economy moving

    Mirroring the previous three quarters, another round of tepid corporate earnings announcements are expected in a few days from now.


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Arun Nigavekar

Ranking of higher education institutions

Given the massive popularity and growing influence of world university ...

Rajgopal Nidamboor

The pursuit of serene stillness

It may sound strange — that every change in the ...

Dharmendra Khandal

How positive intervention can go a long way

Ten years ago, Sariska tiger reserve declared that there were ...


William D. Green

Chairman & CEO, Accenture