The Indian rupee commenced trading against the US dollar on Friday with a 4 paise decline, opening at 82.75 compared to the previous day’s close of 82.71. This marginal drop was attributed to the steady performance of the US dollar in the international market.
The rupee had shown strength in the previous session, gaining 11 paise against the dollar to close at 82.71. This gain had followed the decision of the Reserve Bank of India (RBI) to maintain its key interest rates at their current levels.
On the domestic front, Indian benchmark equity indices began the trading day on a lower note, influenced by mixed global cues.
Foreign institutional investors (FII) were observed to have made a net purchase of Indian shares worth Rs 331.22 crore on the previous day. Correspondingly, domestic institutional investors (DII) also displayed an interest in the market, acquiring stocks valued at Rs 703.72 crore, as per provisional data.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.