Dollar closed at 63.7700 against its opening of 63.8900. Dollar pare losses during intraday trades on dollar buying by nationalised banks as oil prices hovered near high levels. Meanwhile, the greenback rebounded against its major currencies as yen fell after Bank of Japan Governor Kuroda said the central bank is not yet ready to consider an exit from its ultra loose policies. Traders are cautious ahead of the last full-year Union budget on 1 February before the 2019 elections and Reserve Bank of India’s bi-monthly policy on 7 February. Meanwhile, the US government shutdown could prove short-lived, as the Senate has reportedly reached an agreement this afternoon to vote on a short-term spending bill which would provide funding through Feb 8.The NSE Nifty index surpassed 11,000 for the first time ever while Sensex crossed the 36,000-mark. Foreign portfolio investors (FPIs) bought shares worth a net Rs 1,567.51 crore yesterday, as per provisional data released by the stock exchanges. 

BSE Sensex closed higher by 341.97 points at 36,139.98, while the Nifty 50 rose 117.50 points to close at 11,083.70.

INTERNATIONAL

Asian stocks advanced after U.S. senators struck a deal to end a three-day government shutdown, sending Wall Street's main indexes to record highs, while the dollar inched down against the yen after the Bank of Japan kept policy steady.
 

Nearly three-quarters of Japanese companies expect the economy to keep expanding at least another year, extending an already strong run, although they were not as bullish as market estimates, a Reuters poll showed.
 

Oil prices rose, lifted by healthy economic growth as well as the ongoing supply restraint by a group of exporters around OPEC and Russia.
 

South Korea will ban the use of anonymous bank accounts in cryptocurrency trading from Jan. 30, regulators said on Tuesday in a widely telegraphed move designed to stop virtual coins from being used for money laundering and other crimes.
 

Gold futures gained in Asia with a government shutdown in the US ended for at least three weeks after President Donald Trump signed a continuing funding resolution passed by Congress on Monday.