Indian rupee starts the day 6 paise higher against the US dollar. This boost is attributed to a pullback in US treasury yields and stable crude oil prices. The opening rate is 83.12 rupees per dollar, compared to the previous day’s close of 83.18 rupees.
Indian benchmark equity indices, Sensex and Nifty 50, are trading higher. On the prior day, Foreign Institutional Investors (FIIs) had a net sale of Indian shares worth Rs 3,364.22 crore. In contrast, Domestic Institutional Investors (DIIs) had a net purchase of shares amounting to Rs 2,711.48 crore, based on provisional data from the exchanges.
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