According to DMK, the voters are already consolidated on ideological lines, hence the impact of anti-incumbency, whether against the BJP Centre or the DMK state may not be too much, notes N Sathiya Moorthy.
The rupee resumed marginally lower at 67.24 per dollar against Wednesday's closing level of 67.21.
Indian rupee appreciated by 35 paise to end at two-week high of 63.03 against the greenback.
The rupee on Monday slipped by 5 paise to close at 63.57 per dollar on fresh demand for the American currency from banks.
Weak dollar against other currencies overseas supported the rupee
Sluggish domestic equities and persistent capital outflows largely pressurised the Indian unit
The domestic currency has gained 9 paise or 0.13 per cent in two days.
Tracking local stocks, rupee on Tuesday regained 19 paise to end at 61.85 against dollar as reports of easing geopolitical tension between Russia and Ukraine helped emerging market currencies script a smart recovery.
Rupee ends day at 61.91 against the US dollar.
The domestic benchmark indices - the S&P BSE Sensex and the National Stock Exchange Nifty50 - had lost close to 1.5 per cent in three days recently before gaining slightly. Notwithstanding weakness and volatility, the Nifty50 has managed to hold on to the 18,000 mark, while the Sensex has managed to stay above the 61,000 level. The performance of the stocks that comprise these front-line indices remains polarised.
Fresh dollar selling by banks and exporters largely helped the home currency to recover from early losses
The rupee appreciated by 29 paise to close at 63.38 against the greenback following fresh dollar selling by exporters.
The domestic currency had last touched 65-level and ended at 65.24 on September 6, 2013. It moved in a range of 64.63 and 65.23 during the day.
Traders said stockists selling in line with a weak global trend as stronger dollar reduced appeal for the precious metal, led to decline in gold prices.
The dollar index was trading higher by 0.06 per cent against its major global rivals today.
Snapping its two-day gains, the rupee on Monday declined by 48 paise to settle at nearly four-week low of 62.17 against the US currency.
The stubbornly high global crude oil prices are opening up a can of worms to heightened inflation risks and likely to disrupt government's fiscal maths along with deteriorating global financial conditions.
If there is turmoil in currencies, gold can shoot up sharply, says author of Arora Report.
The rupee had ended almost flat at 61.41 against the Greenback in the previous session on Wednesday on alternate bouts of buying and selling.
The Indian rupee ended slightly lower at 64.01/02 per dollar compared with Tuesday's close of 63.98/99 per dollar due to month-end dollar demand by importers.
RBI governor Raghuram Rajan, on Monday, said the current level of the rupee is "pretty reasonable" and any attempt to devalue it may lead to a surge in inflationary pressures and "offset any benefits"
The most expensive player in IPL history, the English all-rounder showed why he is worth every rupee of the Rs 16.25 crore (Rs 162.5 million) spent on him by his franchise.
The Rupee is seen recovering from its all-time lows against the dollar.
The home currency failed to keep momentum going and largely traded in a narrow range with positive bias in the absence of any market moving factors
Adequate dollar supply gave a boost to the local currency
Analysts factor in 200-300-bps impact on sales in FY16
The rupee recovered by three paise to close at 67.65 on fresh selling of dollars by banks and exporters amidst a recovery in equities.
According to sources, there is a proposal to allow 100 per cent Foreign Direct Investment in single brand retail sector "through automatic route" with certain conditions.
The rupee had lost 27 paise to close at more than 5-week low.
Women staged a semi-nude protest in Assam's largest city Guwahati against an eviction drive in Silsako Beel (lake) area on Friday, as excavators ravaged to the ground several houses to clear alleged encroached land of the wetland.
Increased demand from oil importers for the American currency and a weak opening in the domestic stock market also put pressure on the rupee.
The rupee is expected to become more jittery and choppy in the near-term
Good foreign capital inflows failed to restrict the rupee's fall against the dollar
Nearly 100 precious idols of Hindu deities have been stolen in Bihar in last 14 months from various temples, mutts and ashrams, the police have revealed on Friday.
A depreciation in the value of the rupee against the dollar, coupled with surging crude oil prices, are likely to push the country's crude oil import bill to over $100 billion in 2008-09, from $77.02 billion in 2007-08, according to industry officials.
Events proved that on every count the RBI had accurately predicted both the damage and the lack of benefit. What the RBI was hiding was the fact that Modi had ignored its concerns -- all of which turned out to be true -- and gone ahead anyway, asserts Aakar Patel.
Rupee has gained by 15 paise or 0.24 per cent in two days.
The steady inflows from systematic investment plans (SIPs) into mutual funds (MFs), coupled with outflows from debt schemes, has propelled the share of SIPs in the total assets being managed by the industry to a new high of 17.1 per cent in February. SIPs are used predominantly by retail investors. Nearly seven of every 10 SIP accounts are in equity-oriented active MF schemes.
With the rise of global crude oil prices - currently nudging $100 per barrel - the "losses" of the three government-owned oil marketing companies have gone up to a whopping Rs 240 crore (Rs 2.4 billion) per day.
A lower opening at the domestic equity market and the dollar's rise against other major currencies overseas also put pressure on the rupee, dealers said.
