Global oil benchmark Brent crude futures fell 0.24% to $80.09 a barrel.
The rupee on Thursday closed 4 paise higher at 74.24 (provisional) against the US dollar, as some fall in crude oil prices and a weak greenback in the overseas market supported the local unit.
However, heavy selling in the domestic equity market limited the gains of the rupee, forex dealers said.
In the interbank forex market, the local unit strengthened against the greenback at 74.10 and witnessed an intra-day high of 74.01 and a low of 74.26 during the day’s trade.
It finally closed at $74.24 per dollar against its previous close of 74.24.
Global oil benchmark Brent crude futures fell 0.24% to $80.09 a barrel.
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.08% lower at 95.75.
Foreign institutional investors were net sellers in the capital markets on Wednesday as they sold shares worth Rs 344.35 crore, according to exchange data.
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