Rupee Ends Higher at 59.17 Per Dollar Tracking Shares

The rupee rose on Friday, tracking a rally in domestic shares to record highs, but broader gains were capped as the Reserve Bank of India (RBI) was spotted buying dollars intermittently through the session to cap gains. Overseas investors bought shares worth a net Rs 1,369 crore on Thursday, provisional exchange data showed, buying for a fifth straight day and bringing their total purchases to $8.3 billion so far this year. B...