RUPEE EXTENDS GAINS AGAINST US DOLLAR

Rupee rose against most major currencies. The rupee opened marginally higher at 72.66 per dollar and witnessed an intra-day high of 72.63 and a low of 72.84 against dollar. Extending its gaining streak for the third day in a row, the Indian rupee advanced by another 13 paise to close at 72.79 against the US dollar on Friday amid some easing of crude oil prices. GBP/INR exchange rate is edging lower on Friday.

On the domestic equity market front, the BSE Sensex slumped 487.43 points or 0.95 per cent to close at 50,792.08, while the broader NSE Nifty ended lower by 143.85 points or 0.95 per cent at 15,030.95.

The Euro traded flat against dollar. GBP and JPY were also traded down against USD on Today.