I am Rupi’s picture (Photo credit: Pixab)
Mumbai: The lack of any signal on the domestic and global fronts has left investors uncertain, with the rupee depreciating by 13 paise to 722.96 against the US dollar in early trade on Monday. The rupee’s weakness at the beginning of the interbank foreign exchange market was at a low of 2.97-722..86. At the close of trading, the rupee weakened by 13 paise to close at প্রতি 72 against the previous close of 72.
Brent crude futures rose 1.90 percent to. 67.70 a barrel in global oil markets. Meanwhile, the dollar index, which shows the relative strength of the dollar against six currencies, fell 0.15 percent to 89.87. Read more: Rupee depreciates against dollar, domestic currency hits 8-month low
The BSE Sensex rose 111.42 points to 50,651.90 points in the domestic market. Foreign institutional investors are the net buyers in the stock market on Monday, according to market data. He has bought a net worth of shares worth Rs 585.36 crore during the period.
(This is a monitored and automatically generated story from a syndicated news feed, most likely not modified or edited by the latest staff)