``Indian rupee is expected to open flat against the US dollar vs. 51.42 close on Monday, following mixed cues from Asian market. There`s not much of activity seen in Asia today as investors remain reasonably sidelined ahead of the Euro zone summit and ECB meeting later this week. In Asian indexes, regional markets are trading mildly in positive territory with HSI and Nikkei sharing the same 0.8% of gains at their bourses. China is flat, while Australia has surged bit more than others as Australia`s 3Q GDP beats expectations (expands 1.0% on-quarter vs. 0.8% growth forecast). Meanwhile the Australian dollar, which was hurt by the central bank`s 25-basis point rate cut Tuesday, advanced on the GDP news; to USD 1.0269 from USD 1.0243 just prior to the report,`` said the broking house Edelweiss. It further said the following: Indian rupee was dragged down against the US dollar on Monday as robust dollar demand by state run banks on behalf of oil importers coupled with weakness in domestic shares after government put on hold a crucial FDI decision in retail sector hurt the investors` sentiments in local shares as well as rupee. While choppiness in Euro and other riskier currencies ahead of key events in global markets also weighed on rupee despite the central bank`s pledged that it would take all necessary steps to tame sharp rupee`s depreciation. Finally, at the end of the day, the partially convertible rupee was seen trading at 51.42/42 per dollar, off its intraday low of 51.47 but 0.4% softer than Friday's close of 51.20/21. In other assets class, Indian shares fell on profit booking after rising to two-and-half year on Friday, while doubts over execution of FDI in retail sector by governments also weakened the outlook. The Sensex slipped marginally, recovering from intraday low of 16,691.21 to close at 16,805.33, down by 41 points.
53375
Indian rupee may open flat against the US dollar:
65144
Rupee depreciates to 46.63 against dollar
50267
Rupee slightly recovers against dollar
96117
Rupee loses 15 paise vs US dollar in early trade
68159
Euro slips against the dollar in asia
144171
India shares end flat;
31644
Rupee gives up early gains against dollar
92046
Rupee trading rangebound on back of choppy stocks
1480
Rupee ends up against dollar
170733
Indian rupee moving sideways against dollar
138288
Dollar edges up against rupee
125085
Dollar remains up against rupee
84212
US Dollar ends dearer against Rupee
27890
Rupee will stabilise in around current range:
94202
Rupee may show strength against US dollar:
171697
Indian rupee falls on dollar buying;
58210
Dollar weakens against rupee