Nifty ranged ahead of F&O expiry, Sensex higher; rupee turns strong

The volatility increased in last hour of trade, especially ahead of expiry of derivative contracts. The Nifty continued to be in a range of 50-60 points, up 19 points at 9,755.

The 30-share BSE Sensex rose 101.02 points to 31,260.83 while the broader markets gained nearly a percent as about 1,426 shares advanced against 923 declining shares on the BSE.

The rupee rebounded sharply, trading with 13 paise gains at 65.57 against the US dollar, compared with previous close of 65.72. It touched an intraday low of 65.89 before showing a recovery.

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Posted in: Indian Market Tips