The rupee was trading in a narrow range against the US dollar in early trade on Tuesday, amid a negative trend in domestic equities. Forex traders said the rupee was trading in a narrow range as rising crude oil prices weighed on investor sentiments.
At the interbank foreign exchange, the rupee opened at 83.14 against the dollar and then touched a high of 83.13, and a low of 83.15. On Monday, the rupee depreciated 5 paise to 83.16 against the US dollar. "Overall markets are confined to a familiar range and nothing much is expected to happen before the FOMC delivers its verdict on interest rates tomorrow in its meeting starting today. The foc ..
In the domestic equity market, the 30-share BSE Sensex was trading 134.51 points or 0.19 per cent lower at 71,807.06. The broader NSE Nifty declined 9.85 points or 0.05 per cent to 21,727.75. Foreign Institutional Investors (FIIs) were net buyers in the capital markets on Monday as they purchased shares worth Rs 110.01 crore, accord ..
