Punjab Newsline | New Delhi
Equity benchmark indices Sensex and Nifty surged in early trading on Friday, driven by strong gains in banking stocks and positive global market trends. The 30-share BSE Sensex jumped 630.08 points to reach 77,261.73, while the 50-share NSE Nifty climbed 203.6 points to 23,978.70.
Meanwhile, the Indian rupee opened 5 paise weaker at 92.71 against the US dollar, compared to its previous close of 92.66 on Thursday. However, during early trading on Friday, the rupee strengthened by 10 paise to 92.41 against the dollar.
Despite the recovery, the USD/INR pair remains under pressure due to rising global tensions, particularly the ongoing US-Iran conflict, which continues to pose risks to currency stability.