The rupee appreciated by 31 paise to 69.39 against the US dollar in opening trade on Monday.
The rupee could be set to gain as Prime Minister Narendra Modi’s sweeping election victory boosts foreign inflows. That may present a dilemma for India’s central bank, analysts said.
Snapping its three-session losing streak, the rupee Friday rose by 17 paise to close at 69.70 against the US dollar on weakening of the greenback in overseas markets and easing crude oil prices.
Global equity funds have seen outflows of $10.3 billion in the past week as rising US-China trade tensions prompted investors to take shelter in safe-haven government bonds.
The rupee witnessed high volatility in the forex market on Friday following the allocation of key portfolios in the newly elected government. After the announcement, rupee pared its initial gains and slipped to 69.88 vs the USD and was later trading at 69.85 at 0136 hrs, marginally higher by 2 paise over its last close.
The rupee appreciated by 15 paise to 69.72 against the US dollar in opening trade on Friday, driven by positive opening in domestic equities and weakening of the greenback in overseas markets.
Total income during the March quarter rose to Rs 3,193.62 crore from Rs 2,987.03 crore in the corresponding period of the previous year.
The rupee Thursday fell marginally by 4 paise to close at 69.87 against the US currency, extending its decline for a third straight day, due to a stronger dollar and investors awaiting the allocation of key portfolios in the newly elected government.
The company had posted a net profit of Rs 106.21 crore in the January-March quarter a year ago, Berger Paints said in a BSE filing.
The company had posted a net profit of Rs 12.82 crore in the corresponding period of the previous years.
Standalone revenue from operations of the company stood at Rs 2,167.11 crore for the quarter under consideration. It was Rs 1,863.42 crore for the same period year ago.
Its total income during the quarter under review stood at Rs 672.76 crore, up 14.75 per cent as against Rs 586.27 crore for the corresponding period a year ago, Godfrey Phillips said in a BSE filing.
The rupee appreciated by 12 paise to 69.71 against the US dollar in opening trade Thursday, driven by positive opening in domestic equities and weakening of the greenback in overseas markets.
Sliding for the second straight day, the rupee lost 14 paise to close at 69.83 against the US dollar Wednesday as investors sought safe-haven currencies like the greenback and yen amid global growth concerns. The rupee has now depreciated by 32 paise in two sessions.
The officers, who would be deputed in the island nation for an initial period of one year, would prepare strategies to establish close coordination between agencies, both local and international, working on law enforcement, anti-corruption and anti-money laundering activities, they said, citing an official order.