The broader NSE Nifty after shuttling between 10,451.90 and 10,595.75 finally ended 100.30 points, or 0.96 per cent, higher at 10,582.50.
The rupee continued to slide against the pound sterling and finished at 102.64 as against 102.25 previously.
Expectations of good foreign capital inflows into equity market in view of firm trend in the stock market also boosted the rupee value against the dollar.
The Indian currency had appreciated by a whopping 85 paise in three-day surge
The local currency had gained 10 paise to close at 63.51.
Renowned Indian-American cardiologist Suresh Gadasalli, who performed the world's first simultaneous hybrid revascularisation, was shot dead by his friend and business associate who then committed suicide in Odesaa in the US state of Texas, police said.
Debt-ridden telecom operator Vodafone Idea on Thursday said its board has approved raising of up to Rs 14,500 crore, including Rs 4,500 crore from promoter entities. An amount of Rs 10,000 crore would be raised by way of sale of equity or through debt instruments such as ADR, GDR and FCCBs. In a regulatory filing, the company said the board has cleared issuance of up to 338.3 crore equity shares of face value of Rs 10 each at an issue price of Rs 13.30 per equity share for an aggregate consideration of up to Rs 4,500 crore.
The domestic currency has gained by four paise or 0.06 per cent in two days.
The Rupee is likely to recover during day trad, say currency watchers.
The phone conversation between Jaishankar and Blinken came days after Russian Foreign Minister Sergey Lavrov paid a two-day visit to India.
The domestic currency has dropped by 62 paise or 0.93 per cent in four trading days.
Weakness in the dollar against some currencies supported the rupee.
Traders said stockists selling in line with a weak global trend as stronger dollar reduced appeal for the precious metal, led to decline in gold prices.
The rupee had eased by 2 paise to close at fresh 2-month low of 62.78.
The rupee recovered by three paise to close at 67.65 on fresh selling of dollars by banks and exporters amidst a recovery in equities.
The rupee has lost 32 paise, or 0.50 per cent, in five trading days
Persistent fall in crude oil prices affected the market sentiment
Fresh selling of dollars by banks and exporters on the back of good foreign capital inflows helped the rupee
Bullish dollar sentiment overseas alongside sluggish domestic equity market predominantly impacted the domestic currency
The rupee is trading weak against the dollar in afternoon trade.
Dr Reddy's was the top gainer in the Sensex pack, rising over 3 per cent, followed by PowerGrid, TCS, HCL Tech, Infosys and Reliance Industries. On the other hand, L&T, IndusInd Bank, Bajaj Finserv and Bharti Airtel were among the laggards.
The rupee is expected to become more jittery and choppy in the near-term
The domestic currency had gained by 80 paise, or 1.19 per cent, in previous five trading days.
The trading range for the Spot USD/INR pair is expected to be within 66.20 to 67.00.
A weakening dollar against other currencies overseas supported the rupee.
The tiny Central American nation of El Salvador has embarked on an interesting experiment by recognising bitcoin as legal tender. This is proving painful for many of its citizens but it's a useful "pilot" project for larger economies that are contemplating the peculiarities of this new asset class. El Salvador has a population of 6.5 million and GDP of about $27 billion.
Traders said stockists selling against sluggish demand at higher levels mainly pulled down both gold and silver prices.
The domestic currency has dropped 40 paise or 0.60 per cent in two days
The combined 10 Asian currencies have appreciated by 6.6%.
'The Ruble is now down 50 per cent and worth less than one American penny since Putin announced his war'
While the government's recent moves may have been necessary in some cases, these would have an adverse impact on the investment cycles of some of these companies. The marquee global names are suddenly finding themselves out of favour as local flavour is gaining currency in the run up to 2019 elections.
Dollar gained against major currencies overseas.
Bullion traders said sustained buying by jewellery fabricators and retailers to meet the festive season demand mainly kept precious metal prices higher.
In forward market, premium for dollar continued to fall due to persistent receivings from exporters.
It has gained by 23 paise or 0.36 per cent in two days
Sustained rise in equity markets in view of progress in monsoon mainly boosted the rupee value against the dollar.
Snapping its 3-day winning spree against the American currency, the rupee on Wednesday dropped by 21 paise to end at 66.64 on fag-end dollar demand from banks and importers despite a sharp rally in domestic equities.
Heavy offloading by foreign portfolio investors also weighed on the rupee
Forex dealers said besides continued demand for the American currency from importers, increased capital outflows by foreign funds kept pressure on the rupee.
The rupee had lost 10 paise to close at 21-month low of 64.26 against the greenback in Tuesday's trade.