Indian Rupee Finished The Day at 95.6800

The Indian rupee closed at 95.68 on Thursday in comparison to its previous 95.6475 on Wednesday. Indian rupee gained 13 paise to trade at 95.63 against the US dollar during early morning interbank foreign exchange transactions, bolstered by positive momentum across domestic equity markets and steady foreign investment inflows. Although the local currency managed to open stronger at 95.59 compared to its previous close, its upward trajectory was eventually tempered by a robust US dollar index, which strengthened further to 101.79 following the US Federal Reserve's decision to maintain benchmark interest rates unchanged. Concurrently, global crude oil benchmarks experienced a decline to $89.60 per barrel despite ongoing geopolitical tensions in West Asia, while major domestic stock indices such as the Sensex and Nifty witnessed marginal gains amidst cautious investor sentiment.

At close, the Sensex was up 273.55 points or 0.35 percent at 77,928.15, and the Nifty was up 66.95 points or 0.28 percent at 24,317.15.

About 1620 shares advanced, 2408 shares declined, and 188 shares unchanged.

Biggest Nifty gainers were M&M, Eicher Motors, Maruti Suzuki, Coal India, Tech Mahindra, while losers included Adani Ports, Shriram Finance, HDFC Life, UltraTech Cement and Jio Financial.

Indian equity indices finished a volatile session on a positive note, driven by late-session buying in heavyweight stocks that helped the Sensex climb 273.55 points to close at 77,928.15 and the Nifty settle 66.95 points higher at 24,317.15. Market sentiment remained delicately balanced as investors weighed the US Federal Reserve's decision to maintain interest rates alongside a hawkish stance, ongoing West Asian geopolitical tensions, and fluctuating crude oil prices near the $90 threshold. Sectoral performance showed sharp divergence, with Nifty Auto emerging as the top gainer led by robust performances from Mahindra & Mahindra and Eicher Motors, whereas Nifty Realty faced heavy selling pressure and plunged nearly 2 percent. Broader markets underperformed the benchmark indices amid mixed quarterly earnings reports, while the Indian rupee depreciated slightly against the US dollar following a recent streak of gains.