“Rupee continued to be under pressure as oil prices started to move-up due to sudden spurt in tension between US & Saudi Arabia. Finally, it settled 131.52 points, or 0.38 per cent, higher at 34,865.10, largely supported by gains in healthcare and information technology space. The broader markets too were in better shape with the small-cap index rising 1.24 per cent, while mid-cap index up 0.53 per cent. Stocks of oil marketing companies, however, were under some selling pressure due to rising global crude oil prices. In the euro zone, Paris CAC 40 fell 0.21 per cent, while Frankfurt’s DAX shed 0.36 per cent in their late morning trade.

Source: The Hindu October 15, 2018 11:37 UTC