Market news

The Indian rupee today fell 52 paise to 55.49 against the dollar in early trade on the Interbank Foreign Exchange market following increased demand for the American currency from importers.sensex down 52 point today in the early morning session. China's central bank cut interest rates for the second time in two months. Soft drinks giant Coca-Cola will raise its investment in India by an additional $3 billion in the next eight years up to 2020,this is a very good news to India.