Rupee ends little changed at 83.18 against the US dollar
rupee closed 7 paise lower at 83.19 against the US dollar. Forex markets were closed on Tuesday on account of Dussehra.
(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Crude oil prices traded marginally higher. Brent crude rose 0.22% to $88.26 a barrel, while US West Texas Intermediate crude added 0.05% to $83.78 a barrel.
On the domestic front, the benchmark equity indices ended in the negative territory for the fifth consecutive session on Wednesday amid mixed global cues as concerns over the ongoing Israel-Hamas war keep investors nervous about riskier equities while unimpressive Q2 earnings and gains in US Treasury yields also weighed on sentiment. Read here: Nifty 50, Sensex fall for 5th straight session; investors lose over ₹14 lakh crore in 5 days The Sensex closed 522.82 points, or 0.81%, lower at 64,049.06, while the Nifty 50 ended at 19,122.15, down 159.60 points, or 0.83%.
On Monday, the Foreign institutional investors (FIIs) net bought Indian shares worth ₹252.25 crore, while Domestic Institutional Investors (DIIs) net purchased shares to the tune of ₹1,111.84 crore, as per provisional data available on the exchanges. (Witn 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."Exciting news! Mint is now on WhatsApp Channels
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