The spot rupee started the day on a weak note at 63.90, down 21 paisa from its previous close of 63.69, opening weaker for the sixth straight session after data showed lower than expected growth of industrial output in September and higher than expected rise in consumer inflation in October.
Further, the domestic currency erased its early losses and bounced back into green in the early noon deals.
Thereafter, spot rupee continued to trade in positive territory for rest of the day and touched a high of 63.29 at the close.
Finally, the Indian rupee ended on a positive note at 63.32, up 37 paisa, as against the US follar.
Meanwhile, rupee November futures also started the day in negative zone at 64.15, down 09 paisa.
The rupee futures touched a day’s low of 63.56 in the early trades.
Further, the Indian currency erased all its early losses and bounced back into green in the mid-noon session.
Thereafter, the domestic currency traded in green for the rest of the trading hours and touched a high of 64.19.
Finally, the rupee futures ended in green at 63.66, up 39 paise, as against the US dollar.The counter witnessed trades of around 13,07,232 contracts, while, the open interest decreased 1.4 per cent, on the NSE.