Rupee gains 5 paise to end at 7554 against US dollar
Mumbai Dec 22 PTI In a range-bound session the rupee appreciated by 5 paise to close at 7554 provisional against the US dollar on Wednesday as a firm trend in domestic equities boosted investor sentiments Besides lower crude prices in the international market and a subdued dollar overseas also supported the local unit forex dealers said The rupee resumed higher at 7556 per dollar against the previous close of 7559 at the interbank foreign exchange market and hovered in a range of 7548 to 7565 before settling at 7554 registering a rise of 5 paise On the domestic equity market front the BSE Sensex ended 61155 points or 109 per cent higher at 5693056 while the broader NSE Nifty surged 18460 points or 11 per cent to 1695545 Brent crude futures the global oil benchmark fell 026 per cent to USD 7379 per barrel Meanwhile the dollar index which gauges the greenbacks strength against a basket of six currencies was trading lower by 004 per cent at 9645 Foreign institutional investors were net sellers in the capital market on Tuesday as they offloaded shares worth Rs 120982 crore exchange data showed PTI BAL MR MR
Mumbai Dec 22 PTI In a range-bound session the rupee appreciated by 5 paise to close at 7554 provisional against the US dollar on Wednesday as a firm trend in domestic equities boosted investor sentiments Besides lower crude prices in the international market and a subdued dollar overseas also supported the local unit forex dealers said The rupee resumed higher at 7556 per dollar against the previous close of 7559 at the interbank foreign exchange market and hovered in a range of 7548 to 7565 before settling at 7554 registering a rise of 5 paise On the domestic equity market front the BSE Sensex ended 61155 points or 109 per cent higher at 5693056 while the broader NSE Nifty surged 18460 points or 11 per cent to 1695545 Brent crude futures the global oil benchmark fell 026 per cent to USD 7379 per barrel Meanwhile the dollar index which gauges the greenbacks strength against a basket of six currencies was trading lower by 004 per cent at 9645 Foreign institutional investors were net sellers in the capital market on Tuesday as they offloaded shares worth Rs 120982 crore exchange data showed PTI BAL MR MR
