The rupee edged larger by 4 paise towards the US greenback on Friday, September 3, to settle at 73.02 (provisional) amid a powerful rally with a record-setting spree in home equities. At the interbank international change market, the home unit opened at 73.05 towards the greenback and registered an intra-day excessive of 73.01. It witnessed a low of 73.15. In an early commerce session, the home unit inched larger by two paise to 73.04 towards the buck. The rupee closed at 73.02 towards the greenback, registering a achieve of 4 paise towards its earlier shut.
On Thursday, September 2, the native unit settled at 73.06 towards the American foreign money. Meanwhile, the greenback index, which gauges the buck’s power towards a basket of six currencies, gained 0.01 per cent to 92.23. On the again of stronger inflows and bullish equities, the home foreign money marked its second weekly achieve because it strengthened 67 paise towards the greenback on a weekly foundation.
Domestic Equity Markets Today:
On the home fairness market entrance, the BSE Sensex ended 277.41 factors or 0.48 per cent larger at a lifetime excessive of 58,129.95, whereas the broader NSE Nifty climbed 89.45 factors or 0.52 per cent to shut at file 17,323.60.
According to change information, the international institutional traders have been internet consumers within the capital market on September 2 as they bought shares value Rs 348.52 crore. Brent crude futures, the worldwide oil benchmark, rose 0.53 per cent to $73.82 per barrel.