The Indian rupee appreciated by 34 paise to close at 81.86 against the US currency on Week ended Friday, aided by a rebound in domestic equities and easing crude oil prices.
At the interbank FOREX market, the local unit opened at 82.15 against the USD and finally settled at 81.86 against the greenback, registering a gain of 34 paise over its previous close of 82.20. During the trading session, the rupee also floated a low of 82.31 against the dollar. The dollar index, which gauges the greenback's strength against a basket of 6 currencies, declined 0.12 percent to 101.63.
Crude Oil: Global oil benchmark Brent crude futures advanced 0.39 percent to USD 82.49 per barrel.
Stocks: On the domestic equity market front, the BSE Sensex gained 909.64 points or 1.52 percent to end at 60,841.88, while the broader NSE Nifty rose 243.65 points or 1.38 percent to 17,854.05.
Adani Stocks: The NSE has put Adani Enterprises, Adani Ports and Ambuja Cements under an additional surveillance measure (ASM) framework after the recent selloff.
Foreign Institutional Investors were net sellers in the financial market on Thursday as they offloaded shares worth Rs 3,065.35 crore, as per stock exchange data.
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