Rupee ends flat at 83.25 against the US dollar ahead of RBI policy
(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Falling crude oil prices and gains in domestic equity markets also supported the rupee. Brent futures fell 0.97% to $84.98 a barrel, while US West Texas Intermediate crude (WTI) declined 1.12% to $83.28.
On the domestic front, the Indian stock market indices ended with decent gains on Thursday, snapping their two-day losing run amid mixed global cues ahead of the RBI policy outcome on Friday. The Sensex ended 405.53 points, or 0.62%, higher at 65,631.57, while the Nifty 50 closed at 19,545.75, up 119.65 points, or 0.56%.
On Wednesday, the Foreign institutional investors (FIIs) net sold Indian shares worth ₹4,424.02 crore, while Domestic Institutional Investors (DIIs) net purchased shares to the tune of ₹1,769.49 crore, as per provisional data available on the exchanges. (With inputs from Reuters) 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."Exciting news! Mint is now on WhatsApp Channels
. Read more on livemint.com
