Finance
The rupee rises 23 paise to close at 79.72 (provisional) against the US dollar on Thursday, as crude oil prices fell and domestic equities rose.
The local currency opened at 79.72 per dollar on the interbank forex market.
During the session, it reached an intraday high of 79.65 and a low of 79.83.
It eventually closed at 79.72, up 23 cents from the previous close of 79.72.
The dollar index, which measures the strength of the greenback against a basket of six currencies, dropped 0.11 percent to 109.72.
Brent crude futures fell 0.60 percent to USD 87.47 per barrel, the global oil benchmark.
On the domestic equity market front, the BSE Sensex finished 659.31 points, or 1.12% higher, at 59,688.22, while the broader NSE Nifty gained 174.35 points or 0.99 per cent to 17,798.75.
According to preliminary data, foreign institutional investors (FIIs) continued to be net buyers in the capital markets on Wednesday, purchasing shares worth Rs 758.37 crore.
Source:BS
