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TMI BlogRupee rises 14 paise to 86.81 against US dollar in early tradeX X X X Extracts X X X X X X X X Extracts X X X X ..... Rupee rises 14 paise to 86.81 against US dollar in early trade X X X X Extracts X X X X X X X X Extracts X X X X ..... e recovery in domestic equity markets triggered by the better-than-expected inflation data that was released by the government on Wednesday, forex traders said. At the interbank foreign exchange, the rupee opened stronger at 86.82 and gained further ground to trade at 86.81 against the greenback during early deals, registering a gain of 14 paise from its previous close. On Wednesday, the domes ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tic unit closed 16 paise lower at 86.95 against the dollar. In the preceding session on Tuesday, the rupee had appreciated 66 paise, logging the maximum single-day gain since March 3, 2023, to close at 86.79 against the greenback. Meanwhile, the US dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.22 per cent lower at 107.59. Analysts said th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e dollar weakened after the US data showed higher-than-expected inflation, dousing hopes of an immediate monetary easing by the Federal Reserve. Brent crude, the global oil benchmark, dropped 1.00 per cent to USD 74.43 per barrel in futures trade. In the domestic equity market, the 30-share BSE Sensex was trading 167.97 points, or 0.22 per cent, higher at 76,339.05 points, while the Nifty was ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... up 45.15 points, or 0.20 per cent, at 23,090.40 points.
Foreign institutional investors (FIIs) offloaded equities worth Rs 4,969.30 crore on net basis on Wednesday, according to exchange data. PTI HVA DR X X X X Extracts X X X X X X X X Extracts X X X X
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