The INR closed flat at 77.56 per US dollar in last session. The US dollar index fell for second day, easing further from a two decade high as risk appetite showed signs of coming back in play. Chinese Covid-19 worries eased a bit as Shanghai aims to reopen broadly and allow normal life to resume for its citizens. This supported risk appetite globally. The local stocks ended at days high continuing its gaining streak on the second day. The Nifty ended above 16,250 level. All the sectoral indices on the NSE ended in the green with metal, oil & gas and media stocks gaining the most.Powered by Commodity Insights
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