Rupee rises 2 paise to 83.24 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!) Brent crude futures, the global oil benchmark, advanced 0.11% to $90.99 per barrel. In the domestic equity market, the 30-share BSE Sensex was trading 24.70 points or 0.04% lower at 66,258.04.
The broader NSE Nifty declined 1.65 points or 0.01% to 19,749.40. Foreign Institutional Investors (FIIs) were net buyers in the capital markets on Friday as they purchased shares worth ₹317.01 crore, according to exchange data.
Meanwhile, the country's forex reserves dropped by a further $2.166 billion to $584.742 billion for the week ended October 6, the RBI said on Friday. According to the government data released on Thursday, India's retail inflation moderated to a three-month low of 5% in September, while factory output in August soared to a 14-month high of 10.4%.
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