<p>The rupee depreciated 6 paise to 72.41 against the US dollar in opening trade on Thursday tracking weakness in Asian peers.</p>.<p>At the interbank forex market, the domestic unit opened at 72.35 against the US dollar, then lost further ground and touched 72.41, registering a fall of 6 paise over its previous close.</p>.<p>On Wednesday, the rupee had settled at 72.35 against the American currency.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.19 per cent to 90.</p>.<p>"Most of the Asian currencies have started weak this Thursday morning and could weigh on sentiments," Reliance Securities said in a research note.</p>.<p>Technically, the USD-INR spot pair holds a support near 72.25-72.30 levels and only a sustained trade below could see a bearish momentum up to 72.10-71.95 levels. However, a bounce back from 72.30 could take the pair up to 72.45-72.60 levels, the note added.</p>.<p>On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 414.04 points higher at 51,195.73, and the broader NSE Nifty advanced 135.95 points to 15,117.95.</p>.<p><strong>Also read: <a href="https://www.deccanherald.com/business/sensex-rises-over-500-points-at-opening-nifty-above-15100-955082.html" target="_blank">Sensex rises over 500 points at opening, Nifty above 15,100</a></strong></p>.<p>Foreign institutional investors were net buyers in the capital market and purchased shares worth a massive Rs 28,739.17 crore on Wednesday, according to exchange data.</p>.<p>Brent crude futures, the global oil benchmark, advanced 0.16 per cent to $67.15 per barrel. </p>
<p>The rupee depreciated 6 paise to 72.41 against the US dollar in opening trade on Thursday tracking weakness in Asian peers.</p>.<p>At the interbank forex market, the domestic unit opened at 72.35 against the US dollar, then lost further ground and touched 72.41, registering a fall of 6 paise over its previous close.</p>.<p>On Wednesday, the rupee had settled at 72.35 against the American currency.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.19 per cent to 90.</p>.<p>"Most of the Asian currencies have started weak this Thursday morning and could weigh on sentiments," Reliance Securities said in a research note.</p>.<p>Technically, the USD-INR spot pair holds a support near 72.25-72.30 levels and only a sustained trade below could see a bearish momentum up to 72.10-71.95 levels. However, a bounce back from 72.30 could take the pair up to 72.45-72.60 levels, the note added.</p>.<p>On the domestic equity market front, the 30-share BSE benchmark Sensex was trading 414.04 points higher at 51,195.73, and the broader NSE Nifty advanced 135.95 points to 15,117.95.</p>.<p><strong>Also read: <a href="https://www.deccanherald.com/business/sensex-rises-over-500-points-at-opening-nifty-above-15100-955082.html" target="_blank">Sensex rises over 500 points at opening, Nifty above 15,100</a></strong></p>.<p>Foreign institutional investors were net buyers in the capital market and purchased shares worth a massive Rs 28,739.17 crore on Wednesday, according to exchange data.</p>.<p>Brent crude futures, the global oil benchmark, advanced 0.16 per cent to $67.15 per barrel. </p>