Demand for the greenback from banks and importers and little support from local share market, where benchmark indices ended almost flat, led to rupee snapping a two-session uptrend.

Those who are risk-averse should invest in short-term funds over one year as improving liquidity may bring down short-term yields, writes Tanvi Varma.

Chief economists Madan Sabnavis of CARE Ratings and Ajit Ranade of Aditya Birla Group give an outlook for the Indian rupee for the year 2015.

Abbot Point port terminal in Queensland, about 980 km north of Brisbane, which he bought for nearly $2 billion in 2011 is the biggest single bet Gautam Adani has ever made.

In 2014 prices of most commodities fell. We bring you a snapshot of 2014 for some actively-traded commodities.

Coupled with a hearty 4.6 per cent advance in the prior three months, the economy has now experienced the two strongest back-to-back quarters of growth since 2003.

Forex dealers said strength in dollar which has hit multi-year high in overseas markets, also weighed on the rupee heavily on Friday.

The poll of 18 analysts, taken in the past week, predicts the Sensex will hit 30,000 by June and 32,980 by December 2015.

The partially convertible rupee closed higher at 62.29/30 per dollar, after falling to as low as 62.5050, a level last seen on February 6.

Over half of the 30 Sensex constituents ended with losses led by GAIL (down 2.85 per cent), M&M (2.47 per cent), HDFC (1.51 per cent) and Hero MotoCorp (1.48 per cent).

The price of precious metals will trade lower as waning investment demand, strength in dollar, and falling crude oil prices are  indicating downside pressure to continue.

According to the World Bank, global metal prices are expected to fall more than 5 per cent in 2014 due to new supplies and low demand from China.

Traders said besides easing demand from jewellers and retailers at existing levels, a weak global trend mainly influenced sentiments.

Despite a sharp sell-off in local stocks and lower dollar value ahead of key US economic data release, the Indian rupee showed strength, traders said, adding that strong capital inflows to equity and debt markets also provided support.

The book runners to the issue are Barclays, HSBC, JP Morgan and StanChart.

We expect gold and silver prices to trade lower in the coming fortnight as outflows from the SPDR Gold Trust suggests waning interest in the yellow metal.

\"Rupee depreciated sharply in last hour of the trade marching towards 62 after breaking 61.75,\" said Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities.

The renewed strength of dollar is keeping emerging market currencies under immense pressure, a forex dealer commented.

We expect gold and silver prices to trade lower in the coming fortnight as growth in the US GDP has raised optimism in the economy as a whole.

The Mumbai-based IT services provider's net profit stood at Rs 718.4 crore in the corresponding quarter of the previous 2013-14 fiscal.