"Handshake across the Himalayas"

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

India Credit Rating

India Credit Rating

No case for S&P ratings downgrade: Mayaram.  Full Article 

Tax Tangle

Tax Tangle

Infosys to challenge new tax demand of $105.3 million.  Full Article 

Gold Outlook

Gold Outlook

Gold futures to fall past one-month low.  Full Article 

It's a Deal

It's a Deal

Morgan Stanley to sell India wealth management unit to StanChart.  Full Article 

Money Triangle

Money Triangle

Despite curbs, China's vast hot money triangle flourishes.  Full Article 

Buy, Sell or Hold?

Buy, Sell or Hold?

Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

Rupee falls on oil bids

Related Topics

Track BSE Sectoral Indices

Track Markets: BSE Sectoral Indices

Track and analyse performance of all BSE sectoral indices and other global indices on a single page.   Full Coverage 

Indian currency of different denominations are seen in this picture illustration taken in Mumbai April 30, 2012. REUTERS/Vivek Prakash/Files

Indian currency of different denominations are seen in this picture illustration taken in Mumbai April 30, 2012.

Credit: Reuters/Vivek Prakash/Files

Mon Jan 21, 2013 11:22am IST

Reuters Market Eye - Rupee trading lower at 53.86/8650, off 53.63 highs, and vs 53.71/72 last close.

Dealers say oil bids at lower levels pushing pair higher, local shares also off highs, some short-covering also seen.

Pair has immediate resistance at 54-54.05 backed by 54.25-30.

(Reporting by Subhadip Sircar)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.