The Rupee strengthened by 31 paise to 81.51 against US dollar in early trade on Tuesday due to weakness in the greenback in overseas markets and a rally in domestic equities.<\/p>\n
However, rising crude prices in the international market restricted the gains of the Rupee, according to a PTI report.<\/p>\n
At the interbank foreign exchange, the local currency opened sharply up at 81.66 against the Dollar, then gained further ground to 81.51, thereby registering a gain of 31 paise over its previous close. The Rupee had settled 42 paise lower at 81.82 against US dollar on Monday.<\/p>\n
In the domestic equity market, the 30-share BSE Sensex was trading 1006.59 points or 1.77 per cent higher at 57,795.40 while its broader peer Nifty jumped 306.40 points or 1.81 per cent to 17193.75.<\/p>\n
Foreign Institutional investors bought shares worth Rs 590.58 crore according to exchange data.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Rupee strengthened by 31 paise to 81.51 against US dollar in early trade on Tuesday due to weakness in the greenback in overseas markets and a rally in domestic equities. However, rising crude prices in the international market restricted the gains of the Rupee, according to a PTI report. At the interbank foreign exchange, […]<\/p>\n","protected":false},"author":3,"featured_media":3609,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,8,6,5,31],"tags":[223,3997,222],"class_list":["post-7034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-and-politics","category-india-inc","category-opinion-makers","category-markets","category-news","tag-dollar","tag-fiis","tag-rupee"],"aioseo_notices":[],"yoast_head":"\n