<p>The rupee strengthened against the US dollar in opening trade on Thursday due to a weak greenback in the overseas markets and early gains in domestic equity markets.</p>.<p>Firm crude oil prices and forex outflows from capital markets, however, restricted the rupee’s gains, according to forex dealers.</p>.<p>At the interbank foreign exchange market, the rupee opened higher at 82.78 to a dollar against the previous close of 82.84.</p>.<p>The domestic unit appreciated further to hit a high of 82.73 before trading at 82.74 at 0930 hrs, showing gains of 10 paise over the previous close.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, declined 0.28 per cent to 103.87.</p>.<p>Brent crude futures, the global oil benchmark, advanced 0.45 per cent to USD 82.57 per barrel.</p>.<p>In the domestic equity market, the 30-share BSE Sensex rose by 397.14 points to 61,464.38 while NSE Nifty advanced 119.65 points to 18,318.75.</p>.<p>Foreign institutional investors (FIIs) turned net sellers in the capital markets on Wednesday as they sold shares worth Rs 1,119.11 crore, according to exchange data. </p>
<p>The rupee strengthened against the US dollar in opening trade on Thursday due to a weak greenback in the overseas markets and early gains in domestic equity markets.</p>.<p>Firm crude oil prices and forex outflows from capital markets, however, restricted the rupee’s gains, according to forex dealers.</p>.<p>At the interbank foreign exchange market, the rupee opened higher at 82.78 to a dollar against the previous close of 82.84.</p>.<p>The domestic unit appreciated further to hit a high of 82.73 before trading at 82.74 at 0930 hrs, showing gains of 10 paise over the previous close.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, declined 0.28 per cent to 103.87.</p>.<p>Brent crude futures, the global oil benchmark, advanced 0.45 per cent to USD 82.57 per barrel.</p>.<p>In the domestic equity market, the 30-share BSE Sensex rose by 397.14 points to 61,464.38 while NSE Nifty advanced 119.65 points to 18,318.75.</p>.<p>Foreign institutional investors (FIIs) turned net sellers in the capital markets on Wednesday as they sold shares worth Rs 1,119.11 crore, according to exchange data. </p>