Rupee rises 13 paise to 95.63 as equities, inflows support

On the domestic equity front, the Sensex rose 44.77 points, or 0.06%, to 77,699.37, while the Nifty added 21.65 points, or 0.09%, to 24,270.20. Foreign institutional investors bought equities worth a net Rs 2,981.87 crore on Wednesday, exchange data showed.

Crude oil prices, a key input for India's import bill, slid 1.26% to $89.60 a barrel. Brent had reclaimed the $90 level earlier this week on renewed supply fears after fresh US strikes on Iranian targets. The US military said it hit “dozens” of Iran's Revolutionary Guard Corps targets in response to a missile attack on a US base in Jordan.

The rupee had settled at 95.76 on Wednesday, after gaining 74 paise over the previous two sessions.