he local unit hit a low of 64.38 and a high of 64.28 against the US dollar.
The rupee today opened at 63.98 against the US dollar. The local unit hit a low of 64.38 and a high of 64.28 against the US dollar.
On Wednesday, the rupee closed at 64.02 against the US dollar. FIIs have been hitting the sell button for most part of may be it debt or equities. In fact, the month is on course to witness largest outflows since August 2013, says a report as FIIs have this month sold $1.79 billion worth of debt and equity.
Global cues are mixed. Dow Jones gained 0.67%, S&P 500 added 0.92% and Nasdaq was up 1.47%. Among the Asian indices, Japan's Nikkei 225 is over half a percent higher, Hong Kong's Hang Seng index is trading a percent lower while China's Shanghai index has gained a percent.
The mid-cap carnage has hit not just retail investors but FIIs too. About 100 stocks, in which FIIs hold more than 10%, have fallen more than 70% in the last three years, says a report.
On Wednesday, the rupee closed at 64.02 against the US dollar. FIIs have been hitting the sell button for most part of may be it debt or equities. In fact, the month is on course to witness largest outflows since August 2013, says a report as FIIs have this month sold $1.79 billion worth of debt and equity.
Global cues are mixed. Dow Jones gained 0.67%, S&P 500 added 0.92% and Nasdaq was up 1.47%. Among the Asian indices, Japan's Nikkei 225 is over half a percent higher, Hong Kong's Hang Seng index is trading a percent lower while China's Shanghai index has gained a percent.
The mid-cap carnage has hit not just retail investors but FIIs too. About 100 stocks, in which FIIs hold more than 10%, have fallen more than 70% in the last three years, says a report.
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