The Indian Rupee strengthened by 26 paise to trade at 94.96 against the US Dollar in opening deals on Tuesday, extending its recovery on strong near-term technical support. Currency traders noted that the domestic unit continues to find a solid base in the 95.10–95.20 range against the greenback. At the interbank foreign exchange, the rupee initiated the session at 95.06 before building upward momentum to reach 94.96, posting a gain of 26 paise over its prior close. In the previous trading session on Monday, the rupee had rebounded from early losses to finish 21 paise higher at 95.22 per dollar. Market Indicators at a Glance Dollar Index: The US Dollar Index, which gauges the greenback’s strength against a basket of six major currencies, edged up 0.03% to 99.46. Crude Oil: Global benchmark Brent crude rose 0.63% to trade at $91.06 per barrel. Domestic Equities: Indian equity benchmarks saw initial weakness, with the BSE Sensex declining 121.48 points to 76,835.79, while the NSE Nifty dropped 52.6 points to 24,027.80. FII Outflows: Foreign Institutional Investors (FIIs) remained net sellers in the capital markets on Monday, offloading equities worth Rs 7,985.88 crore. Post navigation Indian Railways Announces Timing Changes for Key Long-Distance Trains Effective Nov 2 Kenya Directs Tata Chemicals to Cease Operations, Plans New Industrial Replacements
