|Best Advisory Company|
TCS, Asian Paints, Maruti, ICICI Bank and ONGC are top gainers while Tata Steel, Lupin, Axis Bank, ITC and GAIL are losers in the Sensex.
Reversing its two-day fall, the rupee recovered by 19 paise to 67.55 against the US dollar in early trade today on fresh selling of the American currency by banks and exporters.
Forex dealers said weakness of dollar against other currencies overseas and a higher opening in the domestic equity market also boosted the trading sentiment. Besides, the retail inflation declining to 14-month low of 4.2 percent in October also helped in lifting the mood.
Yesterday, the rupee tumbled by 49 paise to end at near five-month low of 67.74 following frantic demand for the American currency amid heavy capital outflows.