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Image Source : INDIA TV Stock markets update – January 23
Stock markets update: Equity benchmark indices opened higher in early trade on Tuesday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 561.13 points to 71,984.78. Meanwhile, the Nifty was also up by 160.45 points to 21,732.25 points.
Rupee falls against dollar
Meanwhile, the rupee depreciated 6 paise to 83.13 against the US dollar in the morning session, amid elevated crude oil prices and dollar demand from importers. Forex traders said the rupee is trading in a narrow range as the support from positive domestic equities was negated by foreign fund outflows.
At the interbank foreign exchange, the rupee opened at 83.11 against the dollar, then fell to 83.13, registering a fall of 6 paise from its previous close. In the initial trade, the rupee also touched an early high of 83.09 against the US dollar.
(With PTI inputs)
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