Domestic equity market News
The global financial services major in its strategy report said the MSCI India index has fallen by the least as against Indonesia and the Philippines.
Forex dealers said a higher opening in the domestic equity market also supported the rupee.
All the sectoral indices barring realty and PSU banks have given positive returns.
The rupee depreciated by 10 paise to 62.26 against the dollar in early trade today at the Interbank Foreign Exchange due to appreciation of the US currency overseas.
A higher opening of the domestic equity market also supported the rupee but the dollar's rise against other currencies overseas capped the gains, dealers said.
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