Bengal CM Mamata Banerjee holds roadshow in south Kolkata to end campaign
Kolkata (PTI): Chief Minister Mamata Banerjee undertook a roadshow in south Kolkata spanning over six kilometres on Monday afternoon at the fag end of campaigning for the second and final phase of the West Bengal assembly election.
The TMC chief was accompanied by party Rajya Sabha MP Sagarika Ghose and candidates Aroop Biswas and Debasish Kumar from Tollygunge and Rashbehari, respectively.
People waiting on the roadside and on rooftops and balconies waved at Banerjee as she greeted them with folded hands, walking briskly, as her party compatriots had a tough time keeping pace with her.
The chief minister is contesting from the Bhabanipur assembly seat, where she is pitted against her bete noire, Suvendu Adhikari of the BJP, who defeated her in the 2021 elections in Nandigram.
Banerjee was subsequently elected from Bhabanipur in a byelection.
The roadshow started at Sukanta Setu in the Jadavpur area and culminated at Gopalnagar crossing, past her Kalighat residence, with two small stopovers in between.
TMC flags, festoons, cutouts of Banerjee and banners with slogans in favour of the candidates adorned the roadsides through which the road show passed and culminated at around 5.30 pm.
A large number of TMC supporters participated in the roadshow that Banerjee conducted to end her campaign for the 2026 assembly election in West Bengal.
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Rupee settles 1 paisa higher to close at 94.15 against US dollar
Mumbai (PTI): The rupee settled with gains of just one paisa to close at 94.15 against the US dollar on Monday, as rising global uncertainty, escalating tensions in West Asia and soaring crude oil prices weighed on investor sentiments.
Forex traders said the INR/USD pair pared its initial losses, but the overall bias remains negative as FII sell-off and elevated crude oil prices restricted the gains for the local unit.
At the interbank foreign exchange market, the rupee opened at 94.25 against the US dollar, and touched an intraday high of 94.11 and a low of 94.28 against the greenback during the day.
At the end of Monday's trading session, the rupee was quoted at 94.15, registering a gain of just 1 paisa over its previous close.
On Friday, the rupee extended its losing streak for the fifth day in a row, depreciating 15 paise to close at 94.16 against the US dollar.
"The rupee snapped a five-session losing streak, rebounding in tandem with a rally across regional currencies. However, the mood remains apprehensive as the market braces for a potential RBI intervention around 94.30 and higher crude oil prices," said Dilip Parmar – Senior Research Analyst, HDFC Securities.
On the charts, the USDINR pair has reclaimed its upward momentum, carving out a classic bullish structure of higher highs and lows on the daily time frame, he said, adding that for the coming sessions, 93.80 serves as a support, with 94.40 acting as the primary hurdle.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.21 per cent at 98.32.
Brent crude, the global oil benchmark, was trading higher by 2.36 per cent at USD 107.82 per barrel in futures trade.
On the domestic equity market front, Sensex jumped 639.42 points to settle at 77,303.63, while the Nifty surged 194.75 points to 24,092.70.
Foreign Institutional Investors offloaded equities worth Rs 1,151.48 crore on Monday, according to exchange data.
Meanwhile, India's forex reserves jumped by USD 2.362 billion to USD 703.308 billion during the week ended April 17, the Reserve Bank of India (RBI) said on Friday.
In the previous reporting week, the forex kitty had increased by USD 3.825 billion to USD 700.946 billion.
