<p>The rupee appreciated 45 paise to 75.27 against the US dollar in early trade on Friday tracking positive opening of domestic equities and weakness in the American currency.</p>.<p>Forex traders said a positive start of domestic stocks and significant foreign fund inflows supported the local unit.</p>.<p>At the interbank foreign exchange, the rupee opened at 75.36, then gained ground to touch 75.27, registering a rise of 45 paise over its previous close.</p>.<p>On Wednesday, the rupee had settled at 75.72 against the US dollar.</p>.<p>Forex market was closed on Thursday on account of Buddha Purnima.</p>.<p>Domestic bourses were trading on a positive note on Friday with the benchmark Sensex up 456.86 points at 31,900.24 and broader Nifty rising 139.70 points to 9,338.75.</p>.<p>Foreign institutional investors were net buyers in the capital market, as they bought equity shares worth Rs 19,056.49 crore on Thursday, according to provisional exchange data.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.16 per cent down at 99.73.</p>.<p>However, traders said investor sentiment remains fragile amid concerns over the impact of COVID-19 pandemic on the domestic as well as global economy.</p>.<p>In India, the death toll due to COVID-19 rose to 1,886 and the number of cases climbed to 56,342 on Friday, according to the health ministry.</p>.<p>The number of cases around the world linked to the disease has crossed over 38.46 lakh and the death toll has topped 2.69 lakh.</p>.<p>Meanwhile, Brent crude futures, the global oil benchmark, rose 1.36 per cent to USD 29.86 per barrel.</p>
<p>The rupee appreciated 45 paise to 75.27 against the US dollar in early trade on Friday tracking positive opening of domestic equities and weakness in the American currency.</p>.<p>Forex traders said a positive start of domestic stocks and significant foreign fund inflows supported the local unit.</p>.<p>At the interbank foreign exchange, the rupee opened at 75.36, then gained ground to touch 75.27, registering a rise of 45 paise over its previous close.</p>.<p>On Wednesday, the rupee had settled at 75.72 against the US dollar.</p>.<p>Forex market was closed on Thursday on account of Buddha Purnima.</p>.<p>Domestic bourses were trading on a positive note on Friday with the benchmark Sensex up 456.86 points at 31,900.24 and broader Nifty rising 139.70 points to 9,338.75.</p>.<p>Foreign institutional investors were net buyers in the capital market, as they bought equity shares worth Rs 19,056.49 crore on Thursday, according to provisional exchange data.</p>.<p>Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.16 per cent down at 99.73.</p>.<p>However, traders said investor sentiment remains fragile amid concerns over the impact of COVID-19 pandemic on the domestic as well as global economy.</p>.<p>In India, the death toll due to COVID-19 rose to 1,886 and the number of cases climbed to 56,342 on Friday, according to the health ministry.</p>.<p>The number of cases around the world linked to the disease has crossed over 38.46 lakh and the death toll has topped 2.69 lakh.</p>.<p>Meanwhile, Brent crude futures, the global oil benchmark, rose 1.36 per cent to USD 29.86 per barrel.</p>