Rupee Up 31 Paise To A Month High Against US Dollar As Sensex Gains 466 Points

The rupee rebounded by 34 paise to close at a month high against the US dollar on Friday amid domestic equity indices surging to record high levels and losses in crude oil prices, according to a PTI report.

FII inflows into local equities and the greenback trading near one-month low levels also bolstered the rupee sentiment, analysts said. At the interbank foreign exchange, the domestic unit opened higher at 81.97 and moved in a range of 82.02 to 81.86 in the day trade, stated the PTI report.

Meanwhile, the 30-share BSE Sensex gained 466 points or 0.74 points to settle at 63,384.58 while NSE Nifty soared 137 points to close at 18,826.00 on Friday amid positive global market trends and foreign fund inflows.

From the Sensex pack, HDFC Life, SBI Life Insurance, Dr Reddys Labs, Bajaj Finserv, and Titan Company emerged as the major gainers.