RUPEE SETTLES MARGINALLY HIGHER TO 73.11 AGAINST DOLLAR

The rupee traded mixed in currency market. Rupee traded higher against USD and JPY and CNY. On other hand Rupee traded lower against GBP and EUR. Indian rupee today jumped against the US dollar to settle at Rs 73.11, 8 paise higher amid sustained foreign fund inflows and weaker American currency against major rivals. The rupee opened at 73.17 against the US dollar and witnessed an intra-day high of 73.04 and a low of 73.19.

On the domestic equity market front, the BSE Sensex ended 263.72 points or 0.54 per cent lower at 48,174.06, while the broader NSE Nifty declined 53.25 points or 0.38 per cent to 14,146.25.

US dollar has also depreciated against every currency in the market except JPY and GBP. USD traded down against EUR,AUD, CAD, SGD, INR etc.