<p>The rupee was trading in a narrow range against the US dollar in the morning session on Tuesday, as the support from positive domestic equities and weak American currency was negated by rising crude oil prices.</p>.<p>Market participants remain cautious ahead of retail sales data from the US and the UK's inflation data this week, forex traders said.</p>.<p>At the interbank foreign exchange, the domestic unit opened at 82.01, then slipped to 82.06, registering a decline of 3 paise over its last close.</p>.<p>In early trade the rupee also touched a high of 81.97 against the American currency.</p>.<p>On Monday, the rupee had settled at 82.03 against the dollar.</p>.<p>Traders said domestic equity benchmarks scaling all-time high levels and weakness in the American currency overseas boosted investor sentiments and restricted the depreciating bias.</p>.<p>The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.09 per cent to 99.74.</p>.<p>Brent crude futures, the global oil benchmark, rose 0.31 per cent to $78.74 per barrel.</p>.<p>In the domestic equity market, the 30-share BSE Sensex was trading 177.22 points or 0.27 per cent higher at 66,767.15. The broader NSE Nifty declined 48.40 points or 0.25 per cent to 19,759.85.</p>.<p>Foreign Institutional Investors (FIIs) were net buyers in the capital markets on Monday as they purchased shares worth Rs 73 crore, according to exchange data.</p>
<p>The rupee was trading in a narrow range against the US dollar in the morning session on Tuesday, as the support from positive domestic equities and weak American currency was negated by rising crude oil prices.</p>.<p>Market participants remain cautious ahead of retail sales data from the US and the UK's inflation data this week, forex traders said.</p>.<p>At the interbank foreign exchange, the domestic unit opened at 82.01, then slipped to 82.06, registering a decline of 3 paise over its last close.</p>.<p>In early trade the rupee also touched a high of 81.97 against the American currency.</p>.<p>On Monday, the rupee had settled at 82.03 against the dollar.</p>.<p>Traders said domestic equity benchmarks scaling all-time high levels and weakness in the American currency overseas boosted investor sentiments and restricted the depreciating bias.</p>.<p>The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.09 per cent to 99.74.</p>.<p>Brent crude futures, the global oil benchmark, rose 0.31 per cent to $78.74 per barrel.</p>.<p>In the domestic equity market, the 30-share BSE Sensex was trading 177.22 points or 0.27 per cent higher at 66,767.15. The broader NSE Nifty declined 48.40 points or 0.25 per cent to 19,759.85.</p>.<p>Foreign Institutional Investors (FIIs) were net buyers in the capital markets on Monday as they purchased shares worth Rs 73 crore, according to exchange data.</p>