In early trade today, the value of rupee hiked by 8 paise to 64.43 against the US dollar.
According to the forex dealers, "besides sustained selling of the greenback by banks and exporters, the dollar's weakness against some currencies overseas backed up the rupee."
However, the benchmark BSE Sensex was down 75.33 pts, or 0.24%, at 31,070.47 in early trade.
Also Read:
Rupee starts trading weaker against dollar at 64.63
Mitessh Thakkar recommends buying Godrej Consumer, BPCL, LIC Housing Finance
