Finance
On Friday, the rupee rose 34 paise to close at 81.86 (provisional) against the US dollar, boosted by a rebound in domestic equities and falling crude oil prices.
The local currency opened at 82.15 against the US dollar on the interbank foreign exchange market and eventually settled at 81.86, a 34-paise gain over its previous close of 82.20.
During the trading session, the rupee fell to a low of 82.31 per dollar.
The dollar index, which measures the strength of the US currency against a basket of six currencies, fell 0.12% to 101.63.
Brent crude futures rose 0.39 percent to USD 82.49 per barrel, the global oil benchmark.
The 30-share BSE Sensex rose 909.64 points, or 1.52 percent, to end at 60,841.88, while the broader NSE Nifty rose 243.65 points, or 1.38 percent, to 17,854.05.
According to exchange data, foreign institutional investors (FIIs) were net sellers in the capital market on Thursday, offloading shares worth Rs 3,065.35 crore.
Source:FE
