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Rupee Vs Dollar Today: Rupee settled at 72.74 against the American currency Rupee Vs Dollar: The rupee settled five paise lower against the US dollar on Wednesday, February 16, at 72.74 (provisional) tracking losses in the domestic equity markets and a stronger American currency. At the interbank foreign exchange market, the domestic unit opened at 72.90 against the dollar and registered an intra-day high of 72.72. It witnessed a low of 72.92. In an early trade session, the local unit slumped as much as 23 paise to 72.92 against the greenback. The rupee closed five paise lower at 72.74 against the American currency. On Tuesday, February 16, the local unit had settled at 72.69 against the dollar. ....
US market closed for President s Day Global shares rose for the 11th day in a row to reach a fresh peak on optimism about the rollout of COVID-19 vaccines and new fiscal aid from Washington. However, the US stock markets were closed on Monday for the Presidents Day holiday. E-mini futures for the S&P 500 were trading higher, up 0.4% European shares rally as mining stocks gain European shares scaled one-year highs on Monday and mining stocks tracked a jump in copper prices as bets of more US stimulus fuelled optimism around a faster global economic recovery this year. The pan-European STOXX 600 rose 1.30 per cent, with Rio Tinto, BHP Group and Anglo American bolstering the index. Banks and energy stocks were also among the biggest gainers. ....
Emkay Global Financial is bullish on Coromandel International has recommended buy rating on the stock with a target price of Rs 910 in its research report dated February 02, 2021. ....
Emkay Global Financial is bullish on Gujarat Gas has recommended buy rating on the stock with a target price of Rs 475 in its research report dated February 06, 2021. ....