Comments
The rupee traded in a narrow range and settled 4 paise higher at 76.35 (provisional) against the US dollar on Thursday, despite a muted trend in domestic equities.
At the interbank forex market, the local unit opened at 76.37 against the greenback and witnessed an intra-day high of 76.24 and a low of 76.41.
The rupee settled at 76.35, registering a rise of 4 paise over its previous close.
In the previous session, the rupee had settled at 76.39 against the US dollar.
Meanwhile, the dollar index, which measures the greenback's strength against a basket of six currencies, rose 0.18 per cent to 98.79.
Crude futures
Brent crude futures, the global oil benchmark, slipped 0.12 per cent to USD 121.45 per barrel.
On the domestic equity market front, the BSE Sensex ended 89.14 points or 0.15 per cent lower at 57,595.68, while the broader NSE Nifty fell 22.90 points or 0.13 per cent to 17,222.75.
Foreign institutional investors remained net buyers in the capital market on Wednesday as they purchased shares worth ₹481.33 crore, according to stock exchange data.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.