On the currency market front, the Indian rupee on Monday rose 31 paise to 74.03 against the US dollar, owing to strong buying in local equities. The local currency opened strong at 74.15 against the greenback on the interbank forex market, with swinging an intra-day high of 74.03 and a low of 74.21. It eventually closed at 74.03, up 31 paise from the previous closing. The rupee had finished at 74.34 against the dollar in the previous session.
In Stock market, the BSE Sensex finished the day 650.98 points or 1.09 percent higher at 60,395.63, while the broader NSE Nifty ended the day 190.60 points or 1.07 percent higher at 18,003.30.
The dollar index, which measures the strength of the greenback against a basket of six currencies, increased 0.19 percent to 95.90. The global oil benchmark, Brent crude futures, was trading 0.51 percent higher at USD 82.17 per barrel.
According to stock exchange data, foreign institutional investors were net purchasers in the capital market on Friday, purchasing shares worth Rs496.27 crore.
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