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The rupee stayed level astatine 84.07 against the U.S. dollar successful aboriginal commercialized connected Tuesday (October 22, 2024) arsenic affirmative sentiment in home equity markets was negated by the unabated outflow of overseas funds.
The section portion resisted the autumn connected the backmost of the retreating dollar and a downward question successful the crude lipid prices, forex traders said.
At the interbank overseas exchange, the rupee opened astatine 84.07 against the greenback and traded connected a level enactment successful aboriginal deals.
On Monday (October 21, 2024), the rupee settled level astatine 84.07 against the U.S. dollar, a tad higher from its all-time debased of 84.10 recorded connected October 11.
Meanwhile, the dollar index, which gauges the greenback's spot against a handbasket of six currencies, fell 0.04% to 103.79.
Brent crude, the planetary benchmark, declined 0.22% to $74.13 per tube successful futures trade.
On the home equity marketplace front, Sensex roseate 180.46 points, oregon 0.22%, to 81,331.73 points. The Nifty besides precocious 61.25 points, oregon 0.25%, to 24,842.35 points.
Foreign organization investors (FIIs) were nett sellers successful the superior markets connected Monday (October 21, 2024), arsenic they offloaded shares worthy ₹2,261.83 crore, according to speech data.
Analysts attributed the unabated outflow of FIIs to a further complaint chopped by the Chinese cardinal slope and a muted sentiment towards home firm earnings.
Published - October 22, 2024 10:34 americium IST
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