Sensex climbs 120 points, Rupee gain 16 paise against dollar

December 6, 2016 7:42 pm
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The benchmark Sensex rose almost 120 points in early trade today on optimistic buying by investors ahead of RBI policy review scheduled for tomorrow. Rising for the second straight day, the 30-share index was trading higher by 119.88 points, or 0.45 per cent, to 26,468.98, with realty, power, oil and gas, capital goods, PSU and IT stocks leading the gains. The NSE Nifty also gained 45.30 points, or 0.55 per cent, to 8,174.05.
Meanwhile, the rupee strengthened by 16 paise to 68.05 against the dollar in early trade today at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks amid higher opening in the domestic equity market.

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