The rupee opened steady at 63.30 per dollar at the Interbank Foreign Exchange; but, firmed up to 63.22 before quoting at 63.23 per dollar at 1000 hours.
After three sessions of weakness, the rupee strengthened by 50 paise against the dollar.
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Most of the railway-related stocks, which had seen smart gains in the past few days ahead of the Rail Budget, saw profit-booking as Railway Minister Sadananda Gowda presented the Budget.
In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
Its revenue from operations, however, grew 8.3 per cent to Rs 14,541 crore during the period under review from Rs 13,423.4 crore in the same quarter last year.
In India, bond yields have fallen nearly 70 basis points in the last one year.
The rupee had shed one paise to end at one-month low of 61.74 against the US dollar in Tuesday's trade.
Consolidated dollar revenue $1,321 million, up 4% q-o-q.
'The expectation was that Modi would become even bolder in his approach, and after only four months into his second term, we are starting to see evidence of this.'
Market breadth is positive with 942 advances and 196 declines.
Bharti Airtel's total revenue for the December 2018 quarter stood at Rs 20,519 crore, just one per cent higher than the Rs 20,319 crore in the corresponding period of the previous year.
Falling for the fourth day in succession, the rupee today dipped by 23 paise to close at nearly three-week low of 59.38 against the dollar amidst the RBI announcing an SLR cut that is expected to release nearly Rs 40,000 crore into markets.
Ranbaxy Laboratories on Wednesday reported widening of its consolidated net loss to Rs 1,029.72 crore (Rs 10.29 billion) for the third quarter ended December 31, 2014
A strong dollar overseas and some hesitancy in local stocks, however, limited the rupee rise.
The Asian markets are largely trading in the green, taking heart from a positive close on Wall Street.
The rupee had retreated from three-week high and ended six paise down at 60.67 against the dollar on demand from importers for the US currency in Thursday's trade.
After another day of volatile trade, the rupee today appreciated by seven paise to close at a new one-month high of 59.04 against the dollar as the RBI's liquidity-tightening measures continued to lend support.
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Snapping a two-day fall, the rupee opened strong at 59.49 a dollar from the previous close of 59.76 at the Interbank Foreign Exchange Market and then touched a low of 59.59.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
The rupee on Friday resumed lower at 60.25 a dollar from previous close of 60.19 at the Interbank Foreign Exchange market.
The rupee had plummeted to over three-month low of 63.32.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
Rupee rises by 16 paise against dollar on fresh selling.
Markets ended higher, amid firm global cues, and are on track for third straight day of gains.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
It had posted net profit of Rs 125.75 crore (Rs 1.25 billion) during the January-March quarter of the previous fiscal, 2012-13.
The rupee on Monday failed to maintain initial gains and ended lower by five paise at 60.21 against the dollar on fag-end demand for the US currency from banks and importers.
Work on projects worth Rs 1,000 cr in full swing: Gift City
Dollar gained against major currencies overseas.
The rupee extended gains for the fourth straight day against the US currency on Thursday.
The rupee weakened by 27 paise to trade at six-week low of 60.45 against the US dollar in early trade today at the Interbank Foreign Exchange market on high demand for the American currency from importers.
The rupee on Wednesday snapped its two days of losses and edged up two paise to end at 59.27 against the dollar following late selling of the US currency by exporters.
The FMC on Thursday barred the National Spot Exchange and group firms from auctions of commodities held by the bourse after a complaint that firms related to the former managing director took part in the bidding process.
Anil Ambani-led Reliance Group sells multiplex business to Carnival Cinemas.
'The people let off by the NBFCs have little bargaining power and willingly settle for a 20% to 25% cut in their existing salaries when hunting for new jobs.'
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
Banks and exporters preferred to reduce their dollar position in view of its weakness.
Consolidated revenues grew 11.4 per cent at Rs 10,341 crore.
The rupee recovered marginally at close against the dollar.
Direct investors should stagger their investments over 1-2 months.
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