Mumbai Oct 18 PTI The rupee ended 9 paise lower at 7535 against the US dollar on Monday tracking a stronger greenback against key rivals overseas and rising global crude oil prices At the interbank forex market the local unit opened on a steady note and later traded in a narrow range of 7524 to 7538 against the American currency On Thursday the rupee had settled at 7526 against the US dollar The forex market was closed on Friday for Dussehra holiday Meanwhile the dollar index which gauges the greenbacks strength against a basket of six currencies was up 019 per cent at 9412 Brent crude futures the global oil benchmark rose 111 per cent to USD 8580 per barrel On the domestic equity market front the BSE Sensex surged 45959 points or 075 per cent to end at 6176559 while the broader NSE Nifty jumped 13850 points or 076 per cent to settle at 1847705 Foreign institutional investors remained net buyers in the capital market on Thursday as they purchased shares worth Rs 168160 crore as per exchange data Dilip Parmar Research Analyst at HDFC Securities said the rupee started the week on a backfoot ignoring strong gains in domestic equities as traders gave more importance to rising crude oil prices and the US Treasury Yields Brent crude oil prices stayed above USD 85 per barrel while US 10 Year benchmark bond yield quoted above 160 per cent On Domestic bourses trading volume remained light following holiday on Tuesday however the direction remains downward for the rupee after trade deficit data In near term spot USDINR is having resistance around 7570 level and support around 7490 Jateen Trivedi Senior Research Analyst at LKP Securities said Rupee traded in a narrow range between 7425-7440 as higher crude prices kept the pressure in rupee Going ahead rupee range can be seen between 7425-7475 PTI MKJ MR MR