The NSE Nifty ended 0.03% or 7.8 points higher to close at 22,552.50. The BSE Sensex declined 0.01% or 7.51 points to close at 74,332.58. Both indices rose 1.9% this week, the first advance after three weeks.
RBI net forex buys hit a record $43 billion in August, balances it with swaps
The Reserve Bank of India recorded a net purchase of $43.26 billion in August’s foreign exchange market. This was done to manage significant dollar inflows