Rupee vs Dollar: Indian currency gains 14 paise to 81.14 against $
Rupee vs Dollar: In the domestic equity market, the 30-share BSE Sensex was trading 21.13 points or 0.03 per cent lower at 61,603.02. The broader NSE Nifty rose 3.50 points or 0.02 per cent to 18,332.65.
Rupee vs Dollar: The rupee appreciated 14 paise to 81.14 against the American currency in early trade on Tuesday on positive domestic macroeconomic data and easing crude oil prices.
Forex traders said sustained foreign fund inflows also supported the local unit.
At the interbank foreign exchange, the domestic unit opened at 81.18 against the dollar, then gained further ground to touch 81.14, registering a rise of 14 paise over its previous close.
On Monday, the rupee depreciated by 50 paise to close at 81.28 against the US currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.30 per cent to 106.97.
Brent crude futures, the global oil benchmark, declined 0.13 per cent to USD 93.02 per barrel.
In the domestic equity market, the 30-share BSE Sensex was trading 21.13 points or 0.03 per cent lower at 61,603.02. The broader NSE Nifty rose 3.50 points or 0.02 per cent to 18,332.65.
Foreign Institutional Investors (FIIs) were net buyers in the capital markets on Monday as they purchased shares worth Rs 1,089.41 crore, according to exchange data.
On the domestic macroeconomic front, indicating easing of the price situation, retail inflation moderated to 6.7 per cent in October while the wholesale price index-based inflation fell to a 19-month low mainly on account of subdued rates of food items.
Click Here For Latest Updates On Stock Market | Zee Business Live
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI Amrit Vrishti FD vs Central Bank of India 444-day FD: Which gives higher return to senior citizens on Rs 10 lakh and Rs 20 lakh investments
SIP Calculator: How soon can you build Rs 2 crore retirement corpus by investing Rs 5,100, Rs 11,000 or Rs 21,000 a month; see examples
SBI Sarvottam FD vs Union Bank Sumvridhi FD For Senior Citizens: What will be returns on Rs 5 lakh investment in each guaranteed return scheme
10:41 AM IST