Rupee edges up tracking share gains

Tags: Rupee, News
The rupee is trading at 62.33/34 versus its close of 62.3650/3750, tracking some gains in the domestic sharemarket.

The BSE Sensex is trading up half a percent and will be watched for fund flows.

Traders also expect dollar inflows towards the Vodafone deal, spectrum auctions among other things.

Vodafone Group Plc won the cabinet's approval for its $1.6 billion deal to buy out minority partners in its unit in the country, Information and Broadcasting Minister Manish Tewari said on Thursday.


  • EPFO would do well to have better risk management of available cash

    The Employees’ Provident Fund Organisation (EPFO) is apparently revisiting its decision to invest about Rs 6,000 crore in stocks this year.


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