Punters on currency derivatives, who took high-risk bearish bets on the local unit, rushed to cover their positions on Tuesday.

The relentless price correction in crude oil, gold over the past month has forced retail investors to withdraw from the commodity market.

“The discount in futures is a reflection of markets factoring in expectations of a better-than-anticipated monsoon,” said Jayant Manglik.

Lower cost of trading and higher volatility of crude helped it surpass gold in terms of trading.

Punters who play on wafer-thin margins have taken risky bets on the rupee falling to 65 to the dollar by July-end.

Tracking steep losses in local stocks, the Indian rupee today slipped 34 paise - its worst drop in two weeks - to close at 62.67 against th...

The rupee plummeted to hit an intra-day low of 62.28 at the Interbank Foreign Exchange (Forex) market before ending at 62.25 per dollar -- ...

The rupee resumed lower at 61.90 per dollar as against last Friday's closing level of 61.83 per dollar at the Interbank Foreign Exchange Ma...

The rupee resumed lower at 61.85 per dollar as against the yesterday's closing level of 61.75 per dollar at the Interbank Foreign Exchange ...

On the $50 put, outstanding positions have risen from 8419 contracts on January 29 to 13726 contracts intraday Tuesday.

The rupee firmed up further by 4 paise to close at 61.69 against the American currency on sustained selling of dollars by banks and exporte...

The rupee today climbed by 50 paise to nearly four-week high of 62.67 against the greenback on persistent selling of dollars by banks.

Gold for October delivery on the MCX was up at Rs 26,669 per 10 gm. Spot gold overseas rose to $1,225 an ounce.

The August contract, at Rs 25,919, traded at a Rs 922 discount to the June contract. This indicates that on Friday the futures market expec...

FMC has reduced the staggered delivery period, introduced last June to prevent excessive speculation in near-month farm contracts.

Global economic uncertainties result in narrow-range trading in April-August period.

The finance ministry has made its intent clear in the Economic Survey that an outright ban should ‘ideally’ not be imposed on futures trade.