The rupee strengthened by 16 paise to 73.73 against the US dollar in opening trade on Friday, tracking gains in Asian peers and positive domestic equities.
At the interbank forex market, the domestic unit opened at 73.76 against the US dollar, then gained further ground and touched 73.73, registering a rise of 16 paise over its previous close.
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Sensex climbs nearly 400 points in early trade; Nifty above 10,900
Equity benchmark Sensex opened on a strong note and surged nearly 400 points in early trade on Friday as investor sentiments improved amid positive leads from Asian markets and overnight gains on the Wall Street.
The 30-share index was trading 395.08 points or 1.08 per cent higher at 36,948.68, and the NSE Nifty climbed 121.50 points or 1.12 per cent to 10,927.05.
All Sensex components were trading higher with IndusInd…
