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Decoding the mystery behind the rupee's fall

Rupee posts biggest weekly fall in nine weeks
Suspected dollar sales by the Reserve Bank of India helped the rupee recover all intraday losses on Friday but the currency still posted its biggest weekly fall in nine weeks. The likely intervention triggered a wave of long-dollar position liquidation, traders said. The rupee ended at 49.40/41 to the dollar after hitting a low of 49.76, a level not seen since January 30, according to Thomson Reuters

Sensex closes 82 points lower as industrial output slows (Roundup)
A benchmark index for Indian equities markets Friday closed 82 points lower as traders booked profits after data showed industrial output grew at a slow 1.8 percent in December.

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Nine men jailed for London Stock Exchange bomb plot
A London Court has jailed nine men for plotting to bomb the London Stock Exchange and conducting a terror training camp.

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Sensex ends 82 points down on weak industrial production data

After a shaky start and a subsequent choppy ride in positive territory, the market plunged sharply post release of the industrial production data for December, and, despite recovering some lost ground

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BSE Sensex falls 0.5 pct on gloomy industry output

The BSE Sensex closed down 0.46 percent on Friday, reversing early gains, after data showed the country's industrial output in December slowed sharply and Morgan Stanley cut its allocation for

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Sensex closes 109 points lower
A benchmark index for Indian equities markets Friday provisionally closed 109 points lower with traders booking profits after recent upward surges.

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