<p>The rupee appreciated 5 paise to 77.52 against the US dollar in the opening trade on Wednesday as a firm trend in domestic equities boosted investor sentiments.</p>.<p>However, surging global crude prices and unabated foreign capital outflows capped the appreciation bias in the local unit, forex traders said.</p>.<p>At the interbank foreign exchange, the rupee opened at 77.54 against the American dollar, then gained some more ground to quote 77.52, registering a rise of 5 paise over the previous close. It was moving in a close range of 77.54 to 77.51 in early deals.</p>.<p>In the previous session, the rupee settled at 77.57 against the American currency.</p>.<p>The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent higher at 101.92.</p>.<p>On the domestic equity market front, the 30-share Sensex was trading 242.62 points or 0.45 per cent higher at 54,295.23 points while the broader NSE Nifty climbed 68.85 points or 0.43 per cent to 16,194 points.</p>.<p>Global oil benchmark Brent crude futures surged 1.20 per cent to $114.92 per barrel.</p>.<p>Foreign institutional investors remained net sellers in the capital market on Tuesday as they offloaded shares worth Rs 2,393.45 crore, as per stock exchange data.</p>
<p>The rupee appreciated 5 paise to 77.52 against the US dollar in the opening trade on Wednesday as a firm trend in domestic equities boosted investor sentiments.</p>.<p>However, surging global crude prices and unabated foreign capital outflows capped the appreciation bias in the local unit, forex traders said.</p>.<p>At the interbank foreign exchange, the rupee opened at 77.54 against the American dollar, then gained some more ground to quote 77.52, registering a rise of 5 paise over the previous close. It was moving in a close range of 77.54 to 77.51 in early deals.</p>.<p>In the previous session, the rupee settled at 77.57 against the American currency.</p>.<p>The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent higher at 101.92.</p>.<p>On the domestic equity market front, the 30-share Sensex was trading 242.62 points or 0.45 per cent higher at 54,295.23 points while the broader NSE Nifty climbed 68.85 points or 0.43 per cent to 16,194 points.</p>.<p>Global oil benchmark Brent crude futures surged 1.20 per cent to $114.92 per barrel.</p>.<p>Foreign institutional investors remained net sellers in the capital market on Tuesday as they offloaded shares worth Rs 2,393.45 crore, as per stock exchange data.</p>