PTI: Rupee up 47 paise at 48.99 a dollar in early trade
Mumbai, Nov 3 (PTI) The Indian currency today appreciated by 47 paise to 48.99 against the greenback in early trade on lack of dollar demand amid strong equity markets.
At the Interbank Foreign Exchange (Forex) market, the domestic unit, which moved up by 39 paise to 49.07 on Friday, opened strong by nearly one per cent at 48.99 a dollar following heavy FII inflows into the local equity market.
The Bombay Stock Exchange benchmark Sensex closed at 9,788.06, up by 743.55 points or 8.22 per cent on Friday.