Rising for the ninth straight session, market benchmark BSE Sensex rose over 119 points in early trade Friday led by gains in banking, metal and auto stocks amid sustained foreign fund inflow.
The rupee appreciated by 6 paise to 68.57 against the US dollar in opening trade Friday, driven by sustained foreign fund inflows and higher opening of domestic equities.
Benchmark indices opened on a positive note Wednesday on sustained foreign fund inflow ahead of March derivatives expiry.
The rupee fell 19 paise to 69.15 against the US dollar in early trade Wednesday after crude price rose to a four-month high in global market amid increased demand for the American currency from importers.
The BSE benchmark Sensex Tuesday jumped over 300 points led by gains in metal, oil and gas, banking and energy stocks amid unabated buying by foreign investors and strong global cues.
Stocks staged a strong comeback in early trade Monday, with the BSE Sensex reclaiming the 36,000-mark by surging over 100 points on heavy foreign fund inflows and increased buying by domestic institutional investors.
Benchmark indices started on a negative note Friday as investors turned cautious after the release of the minutes of RBI's last policy meet, in which governor Shaktikanta Das argued the need to look at growth concerns.