The dollar index, which measures the American currency's strength against a basket of major currencies, was at 96.8640, up 0.17 per cent

Stock Market LIVE Updates on July 10: Asian counterparts, bounced back from green and were trading back in negative territory, tracking losses from Wall Street

Traders said domestic markets followed optimistic sentiments from global equities, shrugging off concerns over the rising number of COVID-19 cases and its impact on economic recovery.

ICICI Securities expects dollar revenue to fall 5.5 per cent QoQ in constant currency terms to $5,122.8 million. The profit after tax (PAT) or net profit at Rs 7,846.7 crore, may come down 3.5 per cent YoY and 2.5 per cent QoQ

The rupee opened at 74.94 per US dollar, then gained further ground to touch 74.91 per dollar, up 11 paise over its previous close of 75.02 against the greenback on Wednesday

Stock Market LIVE Updates on July 9: Tata Steel, IndusInd Bank, Bajaj Finance, ICICI Bank, M&M, SBI and Axis Bank were among the top gainers today. On the other hand, Maruti, Reliance Industries, TCS and Titan were among the laggards

Overseas, most Asian counterparts, barring Kospi and Nikkei bounced back from lows and were trading back in positive territory. However, led by fall in Wall Street, European stocks continued bearish trend over gloomy economic forecast that suggested recovery will be uneven.

IndusInd Bank stock has gained 17.61%  in last three days. The large cap stock was top gainer on Sensex and Nifty

The rupee opened on a positive note at 74.88 at the interbank forex market, however lost ground soon and touched 74.98, down 5 paise over its last close of 74.93 against the US dollar on Tuesday

Stock Market LIVE Updates on July 8: Bajaj Finance, Bajaj Auto, Asian Paints, HCL Tech and Zee Entertainment were among the top losers today on NSE, while IndusInd Bank, SBI, JSW Steel, Tata Steel and Vedanta were among the top performers.

The industry was earlier talking about a bloodbath in the first quarter as most of the factories and sales units were shut due to coronavirus outbreak and the resultant lockdowns. But the recent performance updates released by the companies indicate that some of the sectors have been able to survive

Traders said despite foreign fund inflows that supported the domestic unit, factors like strong dollar, rising COVID-19 cases and mixed global equities dragged down the local unit

Stock Market LIVE Updates on July 7: Bajaj Finance, Bajaj Auto, Asian Paints, Infosys, Tata Motors were trading as the major gainers today, while ONGC, BPCL, PowerGrid, Zee Entertainment and Bharti Infratel were among the top losers

On the earnings front, IT major TCS will kick off Q1 earnings season with its Q1 results on July 9, which will decide the direction of market. In terms of Q4 results, Suzlon, NBCC, IFB Industries among others will report their earnings today

The rupee opened at 74.53 per dollar, and gained some ground to touch 74.52, registering a jump of 14 paise over its previous close of 74.66 on Friday

Stock Market LIVE Updates on July 6: HDFC Bank, IndusInd Bank, IT, Bajaj Finance and NTPC were among the top gainers today while HUL and Bajaj Auto were among the losers.

The rupee opened at 74.60 per US dollar, registering a jump of 44 paise over its previous close of 75.01 per dollar on Thursday

Stock Market LIVE Updates on July 3: Bajaj Auto, followed by Asian Paints, Bharti Airtel, HUL, Reliance Industries, HUL and Kotak Bank were among the top gainers in the Sensex pack. On the contrary, Tata Steel, HDFC, M&M and Bajaj Finance were among the laggards

Swati Kulkarni, EVP & Fund Manager - Equity at UTI Mutual Fund says economic recovery may be patchy going forward, the good businesses will recover to generate economic value for long-term investors

The COVID-19 vaccines developed by German biotech firm BioNTech and the US pharmaceutical giant Pfizer have shown potential and was found to be well tolerated in early-stage human trials testing of 45 people