Finance
In early trade on Friday, the rupee rose 36 paise to 82.24 against the US dollar, as fresh foreign fund inflows and a positive trend in domestic equities boosted investor sentiment.
The domestic unit opened at 82.28 against the dollar on the interbank foreign exchange, then gained ground and rose to 82.24, a 36-paise increase over its previous close.
The rupee closed at 82.60 against the US dollar on Thursday.
Meanwhile, the dollar index, which measures the strength of the US currency against a basket of six currencies, dropped 0.13 percent to 104.88.
Brent crude futures fell 0.39 percent to USD 84.42 per barrel, the global oil benchmark.
The 30-share BSE Sensex rose 482.37 points, or 0.82 percent, to 59,391.72 points in the domestic equity market. The NSE Nifty rose 154.15 points, or 0.89 percent, to 17,476.05 points.
According to exchange data, Foreign Institutional Investors (FIIs) were net buyers in the capital market on Thursday, purchasing shares worth Rs 12,770.81 crore.
Source:BS
