scorecardresearch
Follow Us:
Saturday, January 29, 2022

At 75, rupee hits nearly 4-week high

The Sensex rose nearly 296 points, or 0.52 per cent, to reach 57,420.24 following gains in IT, financials and pharma stocks amid a largely positive trend in global markets.

By: ENS Economic Bureau | New Delhi |
December 28, 2021 4:17:48 am
The Nifty gained 82.50 points or 0.49 per cent to close at 17,086.25.

For the eighth consecutive session, the rupee appreciated by 3 paise on Monday to reach a near four-week high of 75 against the US dollar, on the back of a firm trend in domestic equities and rising appetite for riskier assets. However, a strong American dollar overseas and firm crude oil prices limited the domestic unit’s rise.

Meanwhile, the Sensex rose nearly 296 points, or 0.52 per cent, to reach 57,420.24 following gains in IT, financials and pharma stocks amid a largely positive trend in global markets. The Nifty gained 82.50 points or 0.49 per cent to close at 17,086.25.

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest Business News, download Indian Express App.

  • Newsguard
  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
  • Newsguard
Advertisement
Advertisement
Advertisement
Advertisement