Rupee edges up against dollar

In listless trade, the rupee on Wednesday edged up two paise to close at 61.84 against the greenback on stray dollarselling by exporters. Firm dollar overseas and sustained capital inflows, however, restricted the rupee rise, a forex dealer said. Some dollar demand from importers, mainly oil refiners, to meet their month-end requirements also capped the rupee rise, he added Stock Market Tips

At the forex market, the domestic unit commenced a tad higher at 61.85 a dollar from previous close of 61.86. It moved in a restricted range of 61.8050 and 61.8975 before concluding at 61.84, a rise of a mere two paise or 0.03 per cent. on Tuesday, it was up by eight paise or 0.13 per cent. The Indian benchmark S&P BSE Sensex today rose by 48.14 points Nifty Trading Tips