<p>The rupee appreciated 30 paise to 75.65 against the US dollar in early trade on Tuesday tracking positive opening of domestic equities and weakness in the American currency.</p>.<p>Forex traders said a positive start of domestic stocks supported the local unit, while sustained foreign fund outflows and concerns over coronavirus outbreak weighed on the local unit.</p>.<p>At the interbank foreign exchange, the rupee opened at 75.69, then gained ground to touch 75.65, registering a rise of 30 paise over its previous close.</p>.<p>On Friday, rupee had settled at 75.95 against the US dollar.</p>.<p>Forex market was closed on Monday for Id-Ul-Fitr.</p>.<p>Traders said rupee tracked positive Asian equities and opened on a positive note.</p>.<p>"Asian shares are firm amid optimism that re-opening of businesses in several countries could fuel growth as investors look past the US-China tensions that has weighed on sentiments over the last week," Reliance Securities said in a research note.</p>.<p>Domestic bourses were trading on a positive note on Tuesday with the benchmark Sensex trading 280.45 points higher at 30,953.04 and broader Nifty rising 82.25 points to 9,121.50.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.26 per cent down at 99.60.</p>.<p>Traders said investor sentiments remained fragile amid concerns over the impact of coronavirus outbreak on the domestic as well as global economy.</p>.<p>In India, the death toll due to COVID-19 rose to 4,167 and the number of cases climbed to over 1.45 lakh, according to Health Ministry data.</p>.<p>The number of cases around the world linked to the disease has crossed over 54.95 lakh and the death toll has topped 3.46 lakh.</p>.<p>Meanwhile, foreign institutional investors were net sellers in the capital market, as they sold equity shares worth Rs 1,353.90 crore on Friday, according to provisional exchange data.</p>.<p>Brent crude futures, the global oil benchmark, rose 1.91 per cent to USD 36.21 per barrel.</p>
<p>The rupee appreciated 30 paise to 75.65 against the US dollar in early trade on Tuesday tracking positive opening of domestic equities and weakness in the American currency.</p>.<p>Forex traders said a positive start of domestic stocks supported the local unit, while sustained foreign fund outflows and concerns over coronavirus outbreak weighed on the local unit.</p>.<p>At the interbank foreign exchange, the rupee opened at 75.69, then gained ground to touch 75.65, registering a rise of 30 paise over its previous close.</p>.<p>On Friday, rupee had settled at 75.95 against the US dollar.</p>.<p>Forex market was closed on Monday for Id-Ul-Fitr.</p>.<p>Traders said rupee tracked positive Asian equities and opened on a positive note.</p>.<p>"Asian shares are firm amid optimism that re-opening of businesses in several countries could fuel growth as investors look past the US-China tensions that has weighed on sentiments over the last week," Reliance Securities said in a research note.</p>.<p>Domestic bourses were trading on a positive note on Tuesday with the benchmark Sensex trading 280.45 points higher at 30,953.04 and broader Nifty rising 82.25 points to 9,121.50.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.26 per cent down at 99.60.</p>.<p>Traders said investor sentiments remained fragile amid concerns over the impact of coronavirus outbreak on the domestic as well as global economy.</p>.<p>In India, the death toll due to COVID-19 rose to 4,167 and the number of cases climbed to over 1.45 lakh, according to Health Ministry data.</p>.<p>The number of cases around the world linked to the disease has crossed over 54.95 lakh and the death toll has topped 3.46 lakh.</p>.<p>Meanwhile, foreign institutional investors were net sellers in the capital market, as they sold equity shares worth Rs 1,353.90 crore on Friday, according to provisional exchange data.</p>.<p>Brent crude futures, the global oil benchmark, rose 1.91 per cent to USD 36.21 per barrel.</p>