India's Share market is trading in a strong position from its early trade. The main index Sensex, however, jumped by 67.15 points at 9.42 in the morning, 37,182.03 points, and the Nifty was trading at about 11,177.80 at the same time with an increase of 20.80 points.
The Sensex, based on 30 stocks of the Bombay Stock Exchange (BSE), rose by 64.25 points, to end at 37,179.13, while the National Stock Exchange (NSE) 50-share sensitive index Nifty declined by 23.35 points to 11,180.35.
At the same time, the rupee depreciated on Thursday and the rupee opened at 70.27 with the rupee rising seven paise against the dollar. In the previous session, the rupee had gained 10 paise to close at Rs 70.34 per dollar against the dollar. However, in the international market, the prices of crude oil could come down sharply in the rupee.
On the other hand, the strengthening of rupee against the dollar in some currencies including the euro, yen, compared to the six major currencies of the world, an indicator of dollar strength remained weak as compared to the previous session. The dollar index was at 97.36, with a fall of 0.02 percent compared to the previous session. At the same time, the euro was 0.08 percent stronger against the dollar and was at $ 1.1208 per euro.
The dollar index which measures the rise in the dollar in comparison to the six currencies including Euro, Pound, Yen, Canadian Dollar, Swedish Krona and Swiss Franc.
