Shashi Tharoor's World of Words is a weekly column dissecting English language
Domestic bourses opened on a positive note on Thursday with benchmark indices Sensex trading 119.07 points higher at 36,843.81 and Nifty up 40.95 points at 10,885.60.
Market participants, however, said sustained foreign fund outflows and rising crude prices weighed on local currency.
Foreign institutional investors (FIIs) remained net sellers in the capital market, pulling out Rs 1,738.49 crore on Wednesay, according to provisional exchange data.
Brent crude futures, the global oil benchmark, rose 0.07 per cent to trade at USD 60.74 per barrel.
Moreover, strengthening of the American currency vis-a-vis other currencies overseas also dragged the rupee down.
The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.03 per cent to 98.48.
The 10-year government bond yield was at 6.58 per cent in morning trade.
Meanwhile, on the global front, US President Donald Trump on Wednesday said that China has taken advantage of the US and the World Trade Organisation (WTO).
Trump said China will make a deal, if they want. "If they don't want to make a deal, that's fine.But I can tell you: They're having one of the worst -- I guess, the worst on record, and they want to make a deal. And if I were them, I'd want to make a deal, too. But we'll see what happens," he said.
Shashi Tharoor's World of Words is a weekly column dissecting English language
Between them the two players are set to receive a stake around $150 million from the Tour's newly-formed enterprise
The four-time Grand Slam winner has enjoyed huge success with her powerful baseline game but has struggled on clay
The Tiago has been instrumental in driving Tata Motors’ consistent growth in the hatchback segment
'Women of My Billion' is set to premiere exclusively on Prime Video on May 3
Aditi and Siddharth recently shared the news of their engagement with an adorable picture
Video shows a red 4WD weaving in and out of traffic, causing a collision on the road shoulder
India captain Rohit Sharma said he is not a fan of the rule as it will hold back the development of all-rounders