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The rupee closes at 82.53 against the US dollar


The 30-stock BSE Sensex finished 51.10 points or 0.08% lower at 62,130.57. (File)

The rupee fell 25 paise to close at 82.53 (provisional) against the US dollar on Monday, under pressure from a lackluster trend in domestic stock markets and foreign capital outflows ahead of macro data announcements.

Forex traders said risk aversion sentiment in global markets was also weighing on the local unit.

In the interbank forex market, the rupiah opened lower at 82.54 against the greenback and saw a high of 82.50 and a low of 82.74.

It eventually stabilized at 82.53, down 25 paise from its previous close of 82.28.

The dollar index, which gauges the strength of the greenback against a basket of six currencies, traded down 0.02% to 104.79.

Brent futures, the global oil benchmark, fell 1.02% to $75.32 a barrel.

The 30-stock BSE Sensex finished 51.10 points or 0.08% lower at 62,130.57, while the broader NSE Nifty closed almost at 18,497.15.

Industrial production data and retail inflation figures are due out later on Monday.

Foreign institutional investors (FIIs) were net sellers in capital markets on Friday as they unloaded shares worth Rs 158.01 crore, according to data from the exchange.

After investing more than Rs 36,200 crore last month, foreign investors continued their positive momentum and pumped Rs 4,500 crore into Indian stock markets so far in December, mainly due to lower l dollar index.

However, Foreign Portfolio Investors (REITs) have turned sellers over the past four trading sessions and pulled out Rs 3,300 crore as they take a cautious stance ahead of the US Federal Reserve’s decision on the rate. interest.

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