It finally closed at 76.15, which was 15 paise higher than its previous close of 76.30.
It finally closed at 76.15, which was 15 paise higher than its previous close of 76.30.
The rupee on Thursday closed 15 paise higher at 76.15 (provisional) against the US dollar amid a weak greenback overseas and rise in domestic equities.
However, rising crude oil prices and frequent foreign fund outflow limited the gains, forex traders said.
At the interbank forex market, the rupee opened slightly higher at 76.28 against the greenback and moved in a range of 76.36 to 76.09.
It finally closed at 76.15, which was 15 paise higher than its previous close of 76.30.
On the domestic equity market front, the BSE Sensex closed 874.18 points or 1.53% higher at 57,911.68, while the broader NSE Nifty jumped 256.05 points or 1.49% to end at 17,392.60.
Global oil benchmark Brent crude futures rose 1.02% to $107.89 a barrel.
The dollar index, which gauges the greenback’s strength against a basket of six currencies, slipped 0.43% to 99.98.
Foreign institutional investors were net sellers in the capital markets on Wednesday as they sold shares worth 3,009.26 crore, according to stock exchange data.