Benchmark fairness indices Sensex and Nifty rallied over 1 per cent to hit all-time highs on Friday, propelled by intense shopping for in IT, tech and realty shares after the US Federal Reserve stored its key rate of interest unchanged and signalled fee cuts subsequent 12 months.
The rupee traded flat at 83.30 in opposition to the US foreign money in the opening session on Friday amid a rebound in crude oil costs. While international fund inflows and a weak buck in the abroad markets strengthened the native unit, a restoration in crude oil costs weighed on the sentiment, foreign exchange sellers mentioned.
At the interbank international alternate market, the rupee opened flat at 83.30 in opposition to the greenback. It moved in a decent vary of 83.32 and 83.29 in morning offers.
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