Active Stocks
Mon Sep 25 2023 10:00:37
  1. Tata Steel share price
  2. 127.5 0.63%
  1. ITC share price
  2. 441.25 -0.44%
  1. Wipro share price
  2. 416.85 -0.43%
  1. Tata Motors share price
  2. 621.85 0.12%
  1. NTPC share price
  2. 238.3 0.15%
Business News/ Markets / Stock Markets/  Rupee ends 6 paise higher at 82.61 against US dollar

The Indian rupee ended 6 paise higher against the US dollar on Tuesday amid a softer greenback after weak US services data. The local unit ended at 82.61 a dollar as compared to Monday’s close of 82.67.

The dollar index, which measures the greenback against six major peers, was flat at 104.01, while the euro rose 0.12% to $1.0725.

A fall in crude oil prices also supported the rupee. Brent crude futures were down 1.60% at $75.48 a barrel, while the US West Texas Intermediate crude declined 1.68% to $70.90 a barrel.

Meanwhile, the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) will begin its three-day meeting today. As per the street consensus, the RBI Governor Shaktikanta Das-led rate setting panel will keep the repo rate unchanged at 6.5% amid cooling inflation in the country.

The Indian benchmark equity benchmark indices Sensex and Nifty ended flat following weakness in Asian peers. The Sensex ended 5.41 points, or 0.01%, higher at 62,792.88, while the Nifty closed at 18,599.00, up 5.15 points, or 0.03%.

On Monday, the Foreign Institutional Investors (FII) sold Indian shares worth 700.98 crore, while Domestic Institutional Investors (DII) bought shares worth 1,195.98 crore, data from exchanges showed.

"Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Updated: 06 Jun 2023, 03:50 PM IST
Next Story
Recommended For You

Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!

Let’s get started
Switch to the Mint app for fast and personalized news - Get App