In a roller-coaster ride, the Bombay Stock Exchange benchmark index, Sensex, surrendered a nearly 200-point gain to end over 91 points down on emergence of fag-end selling— triggered by weak European markets.
The 30-share index resumed better on firm Asian trends, and hit an intra-day high of 19082.29.
However, the pull-back proved to be short-lived as weak European markets pushed the Sensex down by 91.32 points to end at 18792.87. The National Stock Exchange index, Nifty, lost 35.65 points to end at 5658.75.
The rupee appreciated by eight paise, its biggest gain in nearly a week, to close at 54.28 against the dollar on continued dollar selling by exporters and mild capital inflows.
At the interbank foreign exchange market, the rupee resumed higher at 54.30 a dollar from the previous close of 54.36.
The rupee then moved in a narrow range of 54.19 and 54.33, and finally concluded at 54.28. —PTI