Stocks end 2016 with 3% gains; volatility, black swan events dominate
Fresh buying into front line shares and continued covering of short positions helped markets to end higher for the 4th…
Keeping aside weak domestic equity markets, Rupee was trading 12 paise higher at 66.72 against the US Dollar in late morning trade on Wednesday.
Sustained selling of the US currency by exporters and banks supported the domestic currency.
On Wednesday, the Rupee had settled flat at 66.84 against the US currency.
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Meanwhile, the benchmark index Sensex was trading 207 points down at 27879 at 10.55 am.
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