The rupee gained 5 paise against the US dollar on Monday, closing at 81.92 (provisional) as a positive trend in domestic equities and fresh foreign fund inflows boosted investor sentiment.
The local currency opened at 81.85 against the US dollar on the interbank foreign exchange market and eventually settled at 81.92 (provisional) against the greenback, up 5 paise from its previous close of 81.97.
Against the dollar, the rupee reached a high of 81.62 and a low of 81.95 during the trading session.
The dollar index, which measures the strength of the US currency against a basket of six currencies, increased 0.6% to 104.58.
Brent crude futures fell 0.77 percent to USD 81.17 per barrel, the global oil benchmark
.Global oil benchmark Brent crude futures declined 0.77 per cent to USD 81.17 per barrel.
The 30-share BSE Sensex rose 415.49 points, or 0.69 percent, to end at 60,224.46, while the broader NSE Nifty rose 117.10 points, or 0.67 percent, to 17,711.45.
According to exchange data, Foreign Institutional Investors (FIIs) were net buyers in the capital market on Friday, purchasing shares worth Rs 246.24 crore.
Source:FE