<p>The rupee appreciated 14 paise to 73.62 against the US dollar in opening trade on Thursday as sustained foreign fund inflows and hectic buying in domestic equities strengthened investor sentiment.</p>.<p>Traders said the weakness of the American currency in the overseas market also supported the domestic unit.</p>.<p>At the interbank forex market, the domestic unit opened at 73.66 against the US dollar, then inched higher to 73.62 against the greenback, registering a rise of 14 paise over its previous close.</p>.<p>On Wednesday, the rupee had settled at 73.76 against the US dollar.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.20 per cent to 90.22.</p>.<p>The US dollar is trading on a weak note as risk appetite rose on the expectation of an imminent Brexit trade deal between the UK and the European Union, Reliance Securities said in a research note.</p>.<p>Further, "Asian currencies were trading flat to stronger against the greenback this morning and could lend support to the domestic unit," the note added.</p>.<p>On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 340.64 points higher at 46,784.82 and the broader NSE Nifty advanced 107.55 points to 13,708.65.</p>.<p>Foreign institutional investors were net buyers in the capital market as they purchased shares worth Rs 536.13 crore on a net basis on Wednesday, according to provisional exchange data.</p>.<p>Brent crude futures, the global oil benchmark, rose 0.68 per cent to $51.55 per barrel.</p>
<p>The rupee appreciated 14 paise to 73.62 against the US dollar in opening trade on Thursday as sustained foreign fund inflows and hectic buying in domestic equities strengthened investor sentiment.</p>.<p>Traders said the weakness of the American currency in the overseas market also supported the domestic unit.</p>.<p>At the interbank forex market, the domestic unit opened at 73.66 against the US dollar, then inched higher to 73.62 against the greenback, registering a rise of 14 paise over its previous close.</p>.<p>On Wednesday, the rupee had settled at 73.76 against the US dollar.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.20 per cent to 90.22.</p>.<p>The US dollar is trading on a weak note as risk appetite rose on the expectation of an imminent Brexit trade deal between the UK and the European Union, Reliance Securities said in a research note.</p>.<p>Further, "Asian currencies were trading flat to stronger against the greenback this morning and could lend support to the domestic unit," the note added.</p>.<p>On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 340.64 points higher at 46,784.82 and the broader NSE Nifty advanced 107.55 points to 13,708.65.</p>.<p>Foreign institutional investors were net buyers in the capital market as they purchased shares worth Rs 536.13 crore on a net basis on Wednesday, according to provisional exchange data.</p>.<p>Brent crude futures, the global oil benchmark, rose 0.68 per cent to $51.55 per barrel.</p>