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Sensex gains further


MUMBAI: The stock markets extended their gains for the second straight day on Thursday with the Bombay Stock Exchange bellwether Sensex closing the day higher by over 68 points in volatile trade.

The 30-share sensitive index closed at 14355.75, a gain of 68.54 points over its previous close.

The BSE barometer witnessed irregular movements in a range of 14369.59 and 14161.76 as investors either rolled over or squared off their positions at the end of July contract of the futures and options segment.

Rupee drops 22 paise

The rupee turned weaker by 22 paise at 42.57/58 against the dollar on Thursday on heavy month-end demand for dollar from oil refiners amid capital outflows.

At the interbank foreign exchange market, the rupee opened lower at 42.44/46 against Wednesday’s close of 42.35/36 and declined further to settle at 42.57/58. During the day, it moved in a narrow range of 42.44 and 42.58. — PTI

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