Mumbai: The Indian rupee advanced by 14 paise to 73.81 against the US dollar in opening trade on Tuesday, as a positive trend in equity markets lifted investor sentiment.
At the interbank forex market, the local unit opened at 73.83 against the US dollar, then gained some strength to quote at 73.81, reflecting a rise of 14 paise over its last close.
On Monday, the rupee had settled at 73.95 against the American currency.
The dollar index, which gauges the greenback’s strength against a basket of six currencies, rose 0.20 per cent to 91.12.
Global oil benchmark Brent crude futures fell 0.19 per cent to USD 67.43 per barrel.
On the domestic equity market front, the BSE Sensex was trading 62.8 points or 0.13 per cent higher at 48,781.32 in early deals, while the broader NSE Nifty rose 12.20 points or 0.08 per cent to 14,646.35.
Foreign institutional investors were net sellers in the capital market on Monday as they sold shares worth Rs 2,289.46 crore, as per exchange data.
Meanwhile, India’s total tally of COVID-19 cases crossed the 2 crore mark with 3,57,229 infections being reported in a day, while the death toll increased to 2,22,408 with 3,449 new fatalities, according to the Union Health Ministry data updated on Tuesday. (PTI)
Bharat Biotech’s Covaxin approved for phase 2/3 trials on children
Following SoPs, vaccination only protection against COVID: Dr Bahl
Technical snag in LG’s Twitter handle; resolved
Kangana Ranaut’s Twitter account suspended permanently
Equity, currency markets remain shut for Id-Ul-Fitr
Petrol, diesel prices up 25 paise; Bhopal, Indore join cities with Rs 100/litre petrol
Asian stocks mixed after Wall St falls on inflation fears
Petrol, diesel prices rise again
Sensex tanks over 450 pts in early trade; Nifty slips below 14,800
Download 10Cric Casino app, and enjoy Indias most popular casino games, directly on your mobile!
Gamble with real money online! Play Indias favourite casino games at 7Jackpots.com, Indias most trusted online casino site.
© 2020 State Times Daily Newspaper | Powered by Ideogram Technology Solutions [P] Ltd.