Rupee jumps 34 paise to close at 7466 against US dollar
Mumbai Dec 28 PTI Continuing its gain for the ninth trading session in a row the rupee surged 34 paise to close at 7466 provisional against the US dollar on Tuesday tracking positive domestic equities amid a rising appetite for high-risk assetsAt the interbank forex market the local unit opened at 7495 against the greenback and witnessed an intra-day high of 7460 and a low of 7495In the previous session the rupee appreciated 3 paise to 75 against the US dollarPositive moves in Indian equity indices and stronger Asian currencies aided sentiments forex traders said adding that trading is likely to remain range-bound this week ahead of the year-end holidaysHowever Omicron worries and firm crude oil prices restricted the appreciation bias of the local unit to some extentOn the domestic equity market front the BSE Sensex ended 47724 points or 083 per cent higher at 5789748 while the broader NSE Nifty advanced 147 points or 086 per cent to 1723325Meanwhile the dollar index which measures the greenbacks strength against the basket of six currencies fell 008 per cent to 9602Brent crude futures the global oil benchmark rose 057 per cent to USD 7905 per barrelForeign institutional investors remained net sellers in the capital market on Monday as they offloaded shares worth Rs 103825 crore as per stock exchange data PTI DRR DRR BAL BAL
Mumbai Dec 28 PTI Continuing its gain for the ninth trading session in a row the rupee surged 34 paise to close at 7466 provisional against the US dollar on Tuesday tracking positive domestic equities amid a rising appetite for high-risk assetsAt the interbank forex market the local unit opened at 7495 against the greenback and witnessed an intra-day high of 7460 and a low of 7495In the previous session the rupee appreciated 3 paise to 75 against the US dollarPositive moves in Indian equity indices and stronger Asian currencies aided sentiments forex traders said adding that trading is likely to remain range-bound this week ahead of the year-end holidaysHowever Omicron worries and firm crude oil prices restricted the appreciation bias of the local unit to some extentOn the domestic equity market front the BSE Sensex ended 47724 points or 083 per cent higher at 5789748 while the broader NSE Nifty advanced 147 points or 086 per cent to 1723325Meanwhile the dollar index which measures the greenbacks strength against the basket of six currencies fell 008 per cent to 9602Brent crude futures the global oil benchmark rose 057 per cent to USD 7905 per barrelForeign institutional investors remained net sellers in the capital market on Monday as they offloaded shares worth Rs 103825 crore as per stock exchange data PTI DRR DRR BAL BAL
