Rupee appreciates 4 paise to trade at 83.14 against the US dollar
(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) “Pull back attempts were capped near 83.19, a pivot that had remained potent for most of this month. Upswings now stand to challenge 83.27 and it would require a slippage past 83.09 to initiate declines again," said Anand James, Chief Market Strategist at Geojit Financial Services.
Global oil price benchmark Brent crude was 0.04% higher at $79.26 per barrel. In the domestic equity market, the 30-share BSE Sensex was trading 337.47 points ,or 0.47%, higher at 71,774.66, while the NSE Nifty gained 112.00 points, or 0.52% to 21,565.10.
Foreign institutional investors (FIIs) were net sellers in the equity market on Tuesday as they offloaded shares worth ₹601.52 crore, according to exchange data. Catch Live Market Updates here (With inputs from PTI) Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.Milestone Alert!
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