The rupee appreciated 6 paise to 82.34 in opposition to the US greenback in early commerce on Wednesday as a agency development in home equities strengthened investor sentiment.
However, persistent overseas capital outflows capped the positive factors of the native unit, foreign exchange merchants stated.
At the interbank overseas alternate, the home unit opened sturdy at 82.32 in opposition to the greenback, then misplaced some floor to cite at 82.34, a achieve of 6 paise over its earlier shut.
In the earlier session on Tuesday, the rupee slipped 10 paise to finish at 82.40 in opposition to the greenback The greenback index, which gauges the buck’s energy in opposition to a basket of six currencies, slipped 0.06 per cent to 112.06.
Brent crude futures, the worldwide oil benchmark, rose 0.59 per cent to USD 90.56 per barrel.
In the home fairness market, the 30-share BSE Sensex was buying and selling 258.72 factors or 0.44 per cent larger at 59,219.32. Similarly, the broader NSE Nifty rose 69.30 factors or 0.40 per cent to 17,556.25.
Foreign Institutional Investors (FIIs) had been internet sellers within the capital markets as they offloaded shares price Rs 153.40 crore on Tuesday, in response to alternate knowledge.