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The rupee gained 12 paise to 82.08 against the US dollar in early trade on Friday supported by easing crude oil prices and a positive trend in domestic equities. Forex traders said significant foreign fund outflows and dollar demand from importers may weigh on the local unit and restrict the appreciating bias. At the interbank foreign exchange, the domestic unit opened at 82.15 against the dollar, then gained ground and touched 82.08, registering a rise of 12 paise over its previous close. In initial trade, the rupee also touched a low of 82.22 against American currency. On Thursday, the rupee fell 40 paise to close below the 82 per US dollar mark. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.09 per cent to 101.84. Brent crude futures, the global oil benchmark, declined 0.10 per cent to USD 82.09 per barrel. In the domestic equity market, the 30-share BSE Sensex was trading 348.05 points or 0.58 per cent higher at
Commodity Participant Association of India (CPAI) on Monday said capital markets regulator Sebi's planned move on market risk factor disclosures will generate detailed datasets. According to sources, the regulator is planning to issue regular 'risk factor disclosures' on market trends, including surges and collapses, to help investors make right decisions by learning from the regulator's insights. The move, which is still in a preliminary stage of discussion, can help investors avoid a herd mentality that has been particularly witnessed during the last couple of years starting with large-scale selloffs when the pandemic hit the world in early 2020, followed soon by a sharp surge in buying of stocks without understanding the fundamentals and largely on account of get-rich-quick stories and then subsequent losses. "We at CPAI, wholeheartedly welcome this step. Sebi is best placed to take a holistic view of the market place and share it with investors and new retail investors have bee