The Indian rupee settled with a marginal gain of 4 paise to 73 against the greenback on Friday, even as domestic stocks continued their record frenzy. In the interbank forex market, the local unit opened at 73.05 against the dollar and saw an intraday high of 73.01 and a low of 73.15, and it finally ended at 73.02 against the dollar, recording a gain of only 4 paise compared to its close precedent. At. Meanwhile, the dollar index, which measures the strength of the greenback against a basket of six currencies, rose 0.01% to 92.23. On Thursday, the rupee stood at 73.06 against the US dollar. On a weekly basis, the local currency appreciated by 67 paise against the US dollar.
On the national stock market front, the BSE Sensex finished up 277.41 points to a lifetime high of 58,129.95, while the wider NSE Nifty rose 89.45 points to close at a record high from 17,323.60. Futures on Brent crude, the world’s benchmark for oil, rose 0.53% to $ 73.82 per barrel.
Foreign institutional investors were net buyers in the capital market on Thursday as they bought shares worth Rs 348.52 crore, the exchange data showed.