Stock Market Today Live Updates: Sensex, Nifty hover near flatline; Rupee recover from
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Stock Market Live Updates: After mid-week closing on the occasion of Ram Navami, Indian benchmark indices opened in green territory. BSE Sensex opened 239.42 points, or 0.33 per cent higher at 73,183.10 while Nifty gained 64.40, or 0.29 per cent higher at 22212.30.
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Indian shares nudged higher after falling for three consecutive sessions.
The Indian rupee, meanwhile, recovered from record lows as US dollar retreated from elevated levels. The Indian currency opened 12 paise stronger at Rs 83.49 on Thursday, April 18.
International oil futures inched marginally higher after falling from $90 a barrel mark as US reimposed sanction on oil rich Venezuela owing to failure of President Maduro’s regime, as per Washington, to meet election commitments. In the first quarter, the South American nation exported 6,00,000 barrels per day (bpd), of which 1,50,000 bpd were destined for the US, ANZ Research said in its note.
Brent oil futures are up 0.34 per cent higher at $87.59 a barrel while US WTI inched 0.25 per cent up at $82.90 a barrel.
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Read More: Stock Market Today Live Updates: Sensex, Nifty hover near flatline; Rupee recover from