<p>The rupee settled on a flat note at 75.19 (provisional) against the US dollar on Monday amid high volatility in the domestic equity market.</p>.<p>The rupee, which opened at 75.20 against the US dollar, closed at 75.19 against the US dollar, up by just 1 paisa over its previous close.</p>.<p>It had settled at 75.20 against the greenback on Friday.</p>.<p>During the four-hour trading session, the domestic unit witnessed an intra-day high of 75.08 and a low of 75.21 against the US dollar.</p>.<p>Forex traders said the rupee traded in a range-bound manner tracking high volatility in domestic equities. Moreover, investors awaited cues from Consumer Price Index (CPI) data expected to be released later in the day.</p>.<p>While weak US currency supported the local unit, foreign fund outflows and concerns over rising Covid-19 cases weighed on investor sentiment, traders said.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.03 per cent to 96.62.</p>.<p>The 30-share BSE benchmark Sensex was trading 34.01 points higher at 36,628.34 and broader NSE Nifty was up 13.30 points to 10,781.35.</p>.<p>Foreign institutional investors were net sellers in the capital market as they sold shares worth Rs 1,031 crore on Friday, according to provisional exchange data.</p>.<p>Brent crude futures, the global oil benchmark, fell 1.25 per cent to USD 42.70 per barrel.</p>.<p>Meanwhile, the number of cases around the world linked to the disease has crossed 1.29 crore and the death toll has topped 5.69 lakh.</p>.<p>In India, the death toll due to Covid-19 rose to 23,174 and the number of infections spiked to 8,78,254, according to the health ministry.</p>
<p>The rupee settled on a flat note at 75.19 (provisional) against the US dollar on Monday amid high volatility in the domestic equity market.</p>.<p>The rupee, which opened at 75.20 against the US dollar, closed at 75.19 against the US dollar, up by just 1 paisa over its previous close.</p>.<p>It had settled at 75.20 against the greenback on Friday.</p>.<p>During the four-hour trading session, the domestic unit witnessed an intra-day high of 75.08 and a low of 75.21 against the US dollar.</p>.<p>Forex traders said the rupee traded in a range-bound manner tracking high volatility in domestic equities. Moreover, investors awaited cues from Consumer Price Index (CPI) data expected to be released later in the day.</p>.<p>While weak US currency supported the local unit, foreign fund outflows and concerns over rising Covid-19 cases weighed on investor sentiment, traders said.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.03 per cent to 96.62.</p>.<p>The 30-share BSE benchmark Sensex was trading 34.01 points higher at 36,628.34 and broader NSE Nifty was up 13.30 points to 10,781.35.</p>.<p>Foreign institutional investors were net sellers in the capital market as they sold shares worth Rs 1,031 crore on Friday, according to provisional exchange data.</p>.<p>Brent crude futures, the global oil benchmark, fell 1.25 per cent to USD 42.70 per barrel.</p>.<p>Meanwhile, the number of cases around the world linked to the disease has crossed 1.29 crore and the death toll has topped 5.69 lakh.</p>.<p>In India, the death toll due to Covid-19 rose to 23,174 and the number of infections spiked to 8,78,254, according to the health ministry.</p>