The international benchmark, Brent futures, increased by 8 cents or 0.1% to reach $92.14 per barrel as of 0054 GMT.
CR Forex predicts the rupee may approach 82.50 once it breaches 82.80, but 83.25 will remain a strong resistance level
In the broader market, spot silver saw a 0.2% decline to $23.06 per ounce, platinum dropped 0.3% to $907.77, and palladium decreased by 0.2% to $1,238.20.
The MoU was officially signed on Tuesday, and the projected cost for the project is estimated to be around Rs 31.40 crores.
If July was a month in which the monster of inflation had reappeared, then August was relatively a more sober month.
Dollar Holds Steady in Anticipation of Crucial US Inflation Data, Yen Pulls Back from Earlier Gains
Here are some of the stocks that may see significant price movement today.
The price band for RR Kabel's IPO has been set at Rs 983 to Rs 1,035 per share.
Updater Services, based in Chennai and with a presence across India, provides integrated facilities management (IFM) services and business support services (BSS).
EMS shares are slated to commence trading on the BSE and NSE from September 21, in accordance with the IPO schedule.

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