The rupee slipped 3 paise to shut at 81.71 (provisional) towards the US greenback on Tuesday as rising crude oil costs within the worldwide market weighed on foreign exchange market sentiment.
Nonetheless, a agency development in home equities and a weak American foreign money abroad capped the losses within the native unit, foreign exchange merchants stated.
On the interbank overseas alternate market, the native unit opened sturdy at 81.58 however later slipped into the adverse territory. In the course of the session, it touched an intra-day excessive of 81.57 and a low of 81.74 towards the buck.
The native unit lastly settled at 81.71, registering a decline of three paise over its earlier shut of 81.68.
In the meantime, the greenback index, which gauges the buck’s power towards a basket of six currencies, slipped 0.33 per cent to 106.33.
World oil benchmark Brent crude futures surged 2.33 per cent to USD 85.13 per barrel.
On the home fairness market entrance, the 30-share BSE Sensex superior 177.04 factors or 0.28 per cent to finish at a contemporary closing peak of 62,681.84, whereas the broader NSE Nifty gained 59.10 factors or 0.32 per cent to document 18,621.85.
International institutional buyers (FIIs) had been web consumers within the capital markets on Monday as they purchased shares price Rs 935.88 crore, in accordance with alternate knowledge.
(Apart from the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)
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