Thursday, December 8, 2016

Today Rupee surges 19 paise against dollar in early trade

11:41 AM

 
The Rupee climbed 19 paise, or 0.28 per cent, to 67.44 against the dollar in early trade on Thursday amid selling of the greenback by banks and exporters amid firm global cues. The local currency opened 10 paise higher at 67.53 against the dollar.

Benchmark equity index BSE Sensex opened 129.65 points, or 0.49 per cent, higher at 26,366 while NSE’s Nifty index opened 50.05 points, or 0.62 per cent, up at 8,152.

Market experts said selling of the US dollar by banks and exporters amid renewed capital inflows from foreign institutional investors kept sentiment buoyant.

Foreign portfolio investors stood net buyers in the domestic equity market on Wednesday with gross purchases and gross sales of Rs 3,162.24 crore and Rs 2,956.05 crore, respectively.
 
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