Indian rupee Vs dollar today: Rise in Sensex, Nifty limits rupee's tumble
Indian rupee was trading at 65.065 lower 0.014 points or 0.02%.
Indian Rupee traded on a negative note during Monday trading session, as the US benchmark dollar index held steady ahead of key economic indicators. However, it needs to be noted that, the domestic currency unit has maintained over 65-mark against dollar for quite some time now, and despite the American unit strengthening, the impact on INR was still limited, as the Indian market benchmark indices rose on the day, with Sensex surging over 151 points and Nifty up nearly 48 points.
At around 1031 hours, Indian rupee was trading at 65.065 lower 0.014 points or 0.02%.
A Reuters report mentioned in currencies, the dollar was steady at 106.340 yen, while the euro was almost unchanged at $1.2327. The greenback had gained about 0.6 percent against a basket of six major currencies last week helped by a combination of factors including perceived progress on North Korea issues.
However, the report also highlighted that, the dollar index still lost more than 2 percent last quarter, marking its fifth straight quarter of declines.
Foreign funds on net basis on Wednesday, purchased shares worth Rs 8,577.84 crore, while making gross sales of Rs 6836.42 - with this there inflow of Rs 1741.42 crore together in equity, debt and hybrid market. Trading in India`s stocks, bonds and currency markets were closed on Thursday and Friday for public holidays. Trading has resumed on Monday.
Meanwhile, Sensex was trading at 33,021.42 above 52.74 points or 0.17%, however, in early opening, the 31-scrip benchmark indices surged by over 151 points. On the other hand, Nifty 50, was trading at 10,134.20 up 26.55 points or 0.26%, during early trade, the 51-scrip index has also earmaked 10,161-level.