The rupee ended 40 paise stronger at 59.67 to a dollar against the previous close of 60.07 on sustained capital flows into the domestic equity market.
The Sensex ended at a record closing high of 25,841.21, up 324.86 points or 1.27 per cent, and the Nifty ended at a new closing high of 7,719.85, up 85.15 points or 1.12 per cent.
After opening a tad weak at 60.09 to a dollar against the previous close of 60.07, the rupee regained strength on robust capital inflows. In intra-day trade, the domestic unit touched a high of 59.63, and a low of 60.09.
Call money rates close at 7%
The inter-bank call money rates, the rate at which banks borrow short-term funds from each other to tide over liquidity mismatches, ended lower at 7 per cent against the previous close of 8 per cent.
The benchmark 8.83 per cent Government security (G-Sec) which matures in 2023, rose sharply to ₹101.80 from ₹100.53, while the yield softened to 8.65 per cent from 8.73 per cent.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.