Market snaps 2-day losing streak led by auto, realty and financials
The stock market on Tuesday snapped two-day losing streak and gained 0.5 per cent supported by auto, realty and financials after the RBI announced liquidity-boosting measures.
The Rupee strengthened 11 paise to trade at 64.34 against the US Dollar in the morning session on Monday riding on higher foreign funds inflows.
The domestic currency received a boost from fresh selling of the American unit by exporters and banks amid a better opening in domestic equities.
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However, a strong Dollar overseas squeezed the rupee's gains, traders added.
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On Friday, the Rupee had ended flat at 64.45 against the US currency in an otherwise quiet and range-bound trade amid weaker Dollar sentiment overseas.
The benchmark Sensex rose 73.69 points, or 0.23 per cent, to 32,094.44 points in early trade on Monday.
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