Rupee slips against euro

The Indian rupee depreciated 0.20 paise to Rs 71.3500 against the euro on Tuesday as investors remained eager to put money to work on any indications of a combined and comprehensive plan to tackle the region's 30 month long debt crisis. At NSE, EURINR for June 2012 contract traded at Rs. 71.3500 per euro, rupee depreciated 0.20 paise against euro, after opening at Rs. 71.2575 against the previous closing price of Rs. 71.1425. Rupee fell to Rs. 71.1600 with a business volume of 7801 lots till the trading (At 12.04 PM today).

At the Chicago Mercantile Exchange (CME), EURUSD future for September 2012 contract traded at US$1.2513 per euro (USD depreciated by 0.08 per cent against EUR) and GBPUSD future for September 2012 contract traded at US$1.5587 per pound (USD depreciated by 0.09 per cent against GBP) at 12.05 PM today.

S&P CNX NIFTY, at NSE, was trading at 5,119.70, up by 0.10 per cent, after opening at 5,107.45 against the previous closing of 5,114.65. It touched the intra-day high of 5,130.95 till the trading. (At 12.02 PM today).

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