<p>The rupee became stronger by 45 paise to 59.60 against the US dollar in early trade today at the Interbank Foreign Exchange market amidst exit polls forecasting the BJP-led NDA forming the government at the Centre.<br /><br /></p>.<p>Increased selling of the dollar by banks and exporters amid sustained foreign capital inflows also supported the rupee, dealers said.<br /><br />Besides, strong rally in domestic equity market in opening trade also helped the rupee post gains but dollar's strength against other currencies overseas limited the gains, they added.<br /><br />In a volatile session, the rupee ended one paise down at 60.05 in yesterday's trade on late demand of the American currency after rising to nearly ten-month high of 59.51.<br /><br />Meanwhile, the benchmark BSE Sensex rose by 370.91 points, or 1.57 per cent, to hit a new record high of 23,921.91 in opening trade. </p>
<p>The rupee became stronger by 45 paise to 59.60 against the US dollar in early trade today at the Interbank Foreign Exchange market amidst exit polls forecasting the BJP-led NDA forming the government at the Centre.<br /><br /></p>.<p>Increased selling of the dollar by banks and exporters amid sustained foreign capital inflows also supported the rupee, dealers said.<br /><br />Besides, strong rally in domestic equity market in opening trade also helped the rupee post gains but dollar's strength against other currencies overseas limited the gains, they added.<br /><br />In a volatile session, the rupee ended one paise down at 60.05 in yesterday's trade on late demand of the American currency after rising to nearly ten-month high of 59.51.<br /><br />Meanwhile, the benchmark BSE Sensex rose by 370.91 points, or 1.57 per cent, to hit a new record high of 23,921.91 in opening trade. </p>