The Indian rupee gained in the early trade. It opened higher by 19 paise at 61.96 per dollar versus 62.15 Thursday. The yen wallowed at five-year troughs against the dollar and euro this morning having fallen prey to a renewed appetite for risk. The dollar index is a tad subdued below 80.5 levels and the euro dollar has risen to 1.37.
Indian markets ended December F&O series expiry on a positive note. The CCEA approved hike in Axis Bank FDI limit from 49% to 62% & also extended coal supply to thermal power plants by three years. US manufacturing data went up. Nifty up by 10 points, closed at 6278. Sensex up by 41 points, closed at 21074. Europe is in green.
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