Indian rupee opened 22 paise higher against the US dollar, attributed to weaker American currency and positive domestic GDP data release. Local currency starts at 82.57 a dollar, improved from the previous 82.79 close. The rupee faced a minor setback previously, closing 6 paise lower at 82.79; and August depreciation at 0.66%.
Sensex and Nifty, Indian benchmark equity indices, show positive pre-opening session trends. Foreign institutional investors (FIIs) net sell shares worth Rs 2,973.10 crore; Domestic Institutional Investors (DIIs) net purchase shares worth Rs 4,382.76 crore on Thursday. Market dynamics highlight contrasting foreign investment patterns.
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