Rupee gains 15 paise to 75.30 against U.S. dollar in early trade
In the previous session, the rupee had settled at 75.45 against the greenback.
The rupee appreciated 15 paise to 75.30 against the U.S. dollar in opening trade on Tuesday, as a rally in domestic equities and weak American currency in the overseas markets boosted investor sentiments.
However, surging crude prices in the international market and unabated foreign capital outflows capped the rupee’s rise, traders said.
At the interbank foreign exchange, the rupee opened strong at 75.31 and inched up to quote 75.30 against the American dollar in early deals, registering a rise of 15 paise from the last close.
In the previous session, the rupee had settled at 75.45 against the greenback.
On the domestic equity market front, the 30-share Sensex was trading 621.19 points or 1.09 % higher at 57,368.33, while the broader NSE Nifty advanced 190.00 points or 1.12% to 17,102.25.
The dollar index, which gauges the greenback’s strength against a…
