Rupee still up; oil bids at lower levels

Last Updated: Tue, Mar 05, 2013 07:32 hrs

The rupee still up as local stocks extend gains. Pair at 54.69/70 versus 54.82 open, previous close of 54.86/87.

Dealers say basically a flows driven market, but USD buyers may take charge in the second session.

"Oilers are lurking at lower levels," says a state-run bank dealer.

Local stocks extend morning session's gains, up 1 percent.

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