Business

Sectoral indices led by realty, consumer durables, auto and FMCG led the rally, rising up to 1.13 per cent.

NSE has revamped its board, appointing three new public interest directors including Infosys' former director Mohandas Pai.

Hopes over passage of the GST bill in the ongoing session of Parliament and good progress in monsoon rains across the country also buoyed trading sentiment.

The home currency opened lower at 67.23 a dollar as compared to overnight closing level of 67.20 at the Interbank Foreign Exchange (Forex) market here on bouts of dollar demand from importers and banks.

Lot of frustration about the pace of economic recovery: Rajan

Both Subramanian and Patel have very strong credentials for the job.

Panagariya’s name as frontrunner for the RBI post came after he said that the UPA I had expanded social schemes but not taken necessary measures to sustain the high growth.

Dollar selling on hopes of more foreign funds inflows into equity market supported the rupee rise, dealers said.

Despite the United Kingdom's shocking exit from European Union, market showed signs of resilience as the Sensex rose.

The dollar index was trading up 0.40 per cent against a basket of six currencies in the late afternoon trade.

The UK will vote on Thursday on whether to remain in the 28-nation European Union or to leave.

SoftBank said Arora and Chairman and Chief Executive Masayoshi Son had disagreed over when Arora would replace Son as head of the group.

About 1660 shares have advanced, 961 shares declined, and 170 shares are unchanged.

The domestic currency has dropped by 62 paise or 0.93 per cent in four trading days. The RBI fixed the reference rate for the dollar at 67.1520 and euro at 75.7542.

In the APAC region, entry-level salaries for white-collar professionals are among the lowest in India and the Philippines at an average annual base salary of around USD 11,000. Their peers in China receive almost twice as much, the survey said.

Silver coins, however, continued to trade at previous levels of Rs 66,000 for buying and Rs 67,000 for selling of 100 pieces.