 "Rupee still up, gains in domestic shares and Asia forex help")
The rupee is still up at 62.15/16 per dollar versus its close of 62.26/27 on Thursday.
Local stocks are trading with gains and are up 0.7%. Gains in Asian FX are also helping the rupee.
Overseas investors bought Indian shares worth Rs 206 crore on Thursday, extending their buying streak to a seventh session, provisional exchange data showed.
Some dealers also cited dollar inflows related to GlaxoSmithKline Plc's roughly $1 billion move to raise its stake in its Indian pharmaceutical unit. The open offer opened on Tuesday and will close on March 5.
Local stocks are trading with gains and are up 0.7%. Gains in Asian FX are also helping the rupee.
Overseas investors bought Indian shares worth Rs 206 crore on Thursday, extending their buying streak to a seventh session, provisional exchange data showed.
Some dealers also cited dollar inflows related to GlaxoSmithKline Plc's roughly $1 billion move to raise its stake in its Indian pharmaceutical unit. The open offer opened on Tuesday and will close on March 5.
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