Finance
On Monday, the rupee gained 17 paise to close at 82.65 (provisional) against the US dollar, tracking positive domestic equities and the weakening of the US currency in the international market.
The local currency opened at 82.79 against the US dollar on the interbank foreign exchange market, reaching an intraday high of 82.63 and a low of 82.83.
It eventually settled at 82.65, up 17 paise from its previous close of 82.82.
Meanwhile, the dollar index, which measures the strength of the US currency against a basket of six currencies, fell 0.11 percent to 104.31.
Brent crude futures rose 3.63 percent to USD 83.92 per barrel, the global oil benchmark.
The 30-share BSE Sensex rose 721.13 points, or 1.20 percent, to end at 60,566.42, while the broader NSE Nifty rose 207.80 points, or 1.17 percent, to 18,014.60.
According to exchange data, Foreign Institutional Investors (FIIs) continued to be net sellers in the capital markets on Friday, offloading shares worth Rs 706.84 crore.
Source:BS
