The Indian rupee opens flat against the US dollar due to strong American currency and surging crude oil prices. Rupee commences trading at 83.12 per dollar, similar to the previous day’s close of 83.13.
The previous day, the rupee hit a 10-month low before closing at 83.13. Domestic stock market indices, Sensex and Nifty, traded with slight negativity in the pre-opening session.
Foreign Institutional Investors (FIIs) sold Rs 3,245.86 crore worth of Indian shares on the previous trading day. Domestic Institutional Investors (DIIs) sold shares valued at Rs 247.46 crore during the same period.
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