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Rupee six paise up against dollar

New Delhi, Fri, 03 Feb 2012 ANI

New Delhi, Feb 3 (ANI): The rupee today, rose by six paise to trade at a three-month high of 49.09 rupees against dollar on the Interbank Foreign Exchange market early in the day.


At 4:34 p.m. (1104 GMT), the rupee was at 49.27/28 to the dollar after touching 49.26, a level not seen since Nov. 8.


According to experts the reasons arrtibuting to the strengthening of the rupee included continued foreign capital inflows in the Indian market and weakening of dollar against the euro in the global markets, mainly kept rupee's sentiment firm.


The Sensex at the Bombay Stock Exchange also rose by 173 points, or one percent, to 17,605 on sustained buying by investors.


The Sensex had lost 49 points at the day's low, and added 199 points at the day's high. The Sensex had gained over 560 points in the previous three trading sessions.


The Nifty at the National Stock Exchange climbed 56 points, or 1.1 percent, to 5,326. In the broader market, the BSE Midcap index rose 1.3 percent and the Smallcap index added 1.2 percent.


Market breadth was positive on the BSE. Turnover on the BSE's cash segment stood at Rs 2,916 crore.


All the BSE sectoral indices, except the metal index, ended higher. The Realty index was the leading gainer, surging 2.2 percent. (ANI)



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