The rupee on Wednesday depreciated 18 paise to close at 81.85 against the US dollar at the Interbank Foreign Exchange market due to improvement in crude oil prices and increased dollar demand from importers. Regarding this, market sources have said that the continuous withdrawal of capital by foreign investors and the rising cases of Covid-19 in China have affected investor sentiment.
Nifty also closed at 18,267.25 points
The rupee opened at 81.81 at the Interbank Foreign Exchange market. The rupee, after touching a day’s high of 81.74 and a low of 81.87 during today’s trade, finally closed at 81.85 against the US currency, down 18 paise. The National Stock Exchange’s Nifty also closed at 18,267.25 points with a gain of 23.05 points, or 0.13 percent. Apart from this, the National Stock Exchange’s Nifty also closed at 18,267.25 points with a gain of 23.05 points, or 0.13 percent.
At the same time, the rupee had closed at 81.67 per dollar on Tuesday against the dollar.
Meanwhile, the dollar index, which shows the weakness or strength of the dollar against six major currencies of the world, declined by 0.21 percent to 106.99. Global oil benchmark Brent crude futures rose 0.91 per cent to $89.16 per barrel.
Sensex closed at 61,510.58 points
At the end of today’s trading, the 30-share BSE Sensex closed at 61,510.58 points with a gain of 91.62 points. According to stock market data, Foreign Institutional Investors (FIIs) remained net sellers in the capital market. He has sold Indian shares worth Rs 697.83 crore on Tuesday.