Rupee opens 6 paise higher at 83.12 against the US dollar as treasury yields retreat
Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Meanwhile, India fell short of inclusion in FTSE Russell's emerging market government bond index. However, the global index provider kept India on a watch list.
Read here: FTSE Russell keeps India on a watch list for inclusion in emerging markets government bond index Investors will keep an eye on US core personal consumption expenditure numbers due later in the day, which will provide cues on the country's inflation trajectory. Crude oil prices were trading flat, lending a support to the rupee.
Brent futures inched 0.05% higher at $95.43 a barrel, while US West Texas Intermediate (WTI) crude rose 0.17% to $91.87 a barrel. On the domestic front, the Indian benchmark equity indices, Sensex and Nifty 50, were trading higher.
On Thursday, the Foreign institutional investors (FIIs) net sold Indian shares worth ₹3,364.22 crore, while Domestic Institutional Investors (DIIs) net purchased shares to the tune of ₹2,711.48 crore, as per provisional data available on the exchanges. Catch Live Market Updates here (With inputs from Reuters)"Exciting news! Mint is now on WhatsApp Channels
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