Overview
- The rupee traded at 89.92 after opening at 90.20, up 26 paise from Tuesday’s 90.18 close.
- The dollar index edged lower to 98.52, pointing to a slightly weaker U.S. currency.
- Brent crude futures slipped to about $60.06 a barrel, easing energy import pressures.
- Domestic equities fell in early trade, with the Sensex at 84,909.30 and the Nifty at 26,128.90.
- Traders flagged exporter selling on rallies and importer buying on dips, according to Finrex’s Anil Kumar Bhansali.