INSUBCONTINENT EXCLUSIVE:
risk-averse.At the interbank forex market, the domestic unit opened weak at 74.20 against the American currency, pared some initial losses
on negative note following risk averse sentiment and stronger dollar but in second half recovers from lower level as global equities started
For the short-term movement focus will remain on price action of dollar index, crude oil and capital flows," said Dilip Parmar, Research
FDI-related inflows and risk-on sentiments, Mr Parmar said adding that "the pair is having resistance at 74.30 and support at 73.67, the 50
days simple moving average."Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell
0.19 per cent to 92.04.On the domestic equity market front, the BSE Sensex ended 230.01 points or 0.44 per cent higher at 52,574.46, while
the broader NSE Nifty advanced 63.15 points or 0.4 per cent to 15,746.50.Brent crude futures, the global oil benchmark, rose 0.16 per cent
to $73.63 per barrel.Foreign institutional investors were net buyers in the capital market on Friday as they purchased shares worth Rs
