Wednesday, 26 August 2015

Sensex rebounds 291 pts; rupee at 66/$ on China rate cut

The rupee gained 64 paise to close at 66 a dollar today, after hitting intraday high of 65.89 a dollar and low of 66.76/dollar, following recovery in equity markets and China rate cut.

The 30-share BSE Sensex rallied 290.82 points or 1.13 percent to 26032.38 after seeing an intraday high of 26124.83 and low of 25298.42. The 50-share NSE Nifty failed to hold 7900-level, up 71.70 points or 0.92 percent to 7880.70 after hitting a day's low of 7667.25.

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