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TMI BlogRupee inches up 2 paise to close at 87.19 against US dollarX X X X Extracts X X X X X X X X Extracts X X X X ..... Rupee inches up 2 paise to close at 87.19 against US dollar X X X X Extracts X X X X X X X X Extracts X X X X ..... cal unit and capped its gain as selling pressure in domestic equity and outflow of foreign capital continued. Also, market participants stayed cautious, awaiting cues from macroeconomic data to be released in India and the US later in the day. At the interbank foreign exchange, the rupee opened at 87.24 and touched the intraday low of 87.32 against the greenback. The unit also hit the day's hi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gh of 87.17 before ending the session at 87.19 (provisional) against the dollar, 2 paise higher from its previous session's closing level. The rupee ended 10 paise higher at 87.21 against the dollar on Tuesday, a day after losing 36 paise. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading higher by 0.18 per cent at 103.45. Bren ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t crude, the global oil benchmark, traded 0.55 per cent higher at US 69.94 per barrel in futures trade. The domestic equity market closed on a flat note with the 30-share BSE Sensex ending 72.56 points, or 0.10 per cent lower at 74,029.76 and the broader Nifty settling 27.40 points, or 0.12 per cent, down at 22,470.50 points. Foreign institutional investors (FIIs) offloaded equities worth Rs 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ,823.76 crore on a net basis on Tuesday, according to exchange data.
According to experts, uncertainties over tariff moves intensified after President Donald Trump said the US would double the forthcoming levy on steel and aluminium to 50 per cent if they come from Canada but later hinted that he might reconsider the additional hike. PTI HVA ANU ANU X X X X Extracts X X X X X X X X Extracts X X X X
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