On Tuesday, the Indian rupee settled at INR 83.18 against the US Dollar. The dollar index, which gauges the dollar’s strength against a basket of six currencies, was trading 0.05% higher at 102.21
Amid rise in crude oil prices (Brent crude was 0.04% higher at $79.26 per barrel) over supply concerns due to the ongoing global conflicts in Ukraine and Gaza, the dollar kept steady leading to limited gains for the rupee.
In the domestic equity market, the 30-share BSE Sensex was trading 337.47 points, or 0.47% higher at 71,774.66, while the NSE Nifty gained 112 points, or 0.52% to 21,565.10.
Foreign institutional investors (FIIs) offloaded shares worth INR 601.52 crore, according to exchange data.
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