<p>The rupee strengthened by 6 paise to 83.26 against the US dollar in early trade on Wednesday on easing global crude oil prices and rising appetite for riskier assets.</p>.<p>However, a sell-off in the domestic equity markets and a strong American currency against major rivals overseas restricted the rupee's rise, traders said.</p>.<p>At the interbank foreign exchange, the domestic unit opened at 83.22 against the dollar and then slipped to 83.26, registering a gain of 6 paise over its previous close.</p>.Sensex, Nifty fall after record-breaking rally; investors await Fed rate decision.<p>In the initial trade, the domestic unit was moving in a tight range of 83.27-83.22 against the American currency.</p>.<p>In the previous session on Monday, the rupee had settled at an all-time low of 83.32 against the dollar.</p>.<p>Currency markets were closed on Tuesday on account of Ganesh Chaturthi.</p>.<p>The dollar index, which gauges the greenback's strength against a basket of six currencies, was almost unchanged at 104.83.</p>.<p>Brent crude futures, the global oil benchmark, fell 1 per cent to USD 93.40 per barrel.</p>.<p>In the domestic equity market, the 30-share BSE Sensex was trading 307.27 points or 0.45 per cent lower at 67,289.57. The broader NSE Nifty declined 100.75 points or 0.5 per cent to 20,032.55.</p>.<p>Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Monday as they sold shares worth Rs 1,236.51 crore, according to exchange data. </p>
<p>The rupee strengthened by 6 paise to 83.26 against the US dollar in early trade on Wednesday on easing global crude oil prices and rising appetite for riskier assets.</p>.<p>However, a sell-off in the domestic equity markets and a strong American currency against major rivals overseas restricted the rupee's rise, traders said.</p>.<p>At the interbank foreign exchange, the domestic unit opened at 83.22 against the dollar and then slipped to 83.26, registering a gain of 6 paise over its previous close.</p>.Sensex, Nifty fall after record-breaking rally; investors await Fed rate decision.<p>In the initial trade, the domestic unit was moving in a tight range of 83.27-83.22 against the American currency.</p>.<p>In the previous session on Monday, the rupee had settled at an all-time low of 83.32 against the dollar.</p>.<p>Currency markets were closed on Tuesday on account of Ganesh Chaturthi.</p>.<p>The dollar index, which gauges the greenback's strength against a basket of six currencies, was almost unchanged at 104.83.</p>.<p>Brent crude futures, the global oil benchmark, fell 1 per cent to USD 93.40 per barrel.</p>.<p>In the domestic equity market, the 30-share BSE Sensex was trading 307.27 points or 0.45 per cent lower at 67,289.57. The broader NSE Nifty declined 100.75 points or 0.5 per cent to 20,032.55.</p>.<p>Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Monday as they sold shares worth Rs 1,236.51 crore, according to exchange data. </p>