Dollar is trading at 65.0575 against its opening of 65.1300. Dollar is trading little changed as investors await the release of India's inflation data, dealers said. India's Consumer Price Index figure is scheduled to be released later today at 5:30PM after market hours. The greenback remained weak against its major currencies as minutes from the Federal Reserve's September meeting showed officials are paying close attention to the path of inflation before making a decision about another interest-rate increase this year. Fed officials said the likelihood of another increase this year "would depend importantly on whether the economic data in coming months increased their confidence that inflation was moving up toward the committee's 2% target. The Fed last month signalled that it intends to increase rates by the end of the year, followed by three more moves in 2018.
Meanwhile, General Insurance Corp of India (GIC Re) is set to opened yesterday its mega Rs 113.70 billion initial public offer on Wednesday. This would be India's third biggest Initial public offering with a price band of Rs 855-912 per share. The largest ever public issue by an insurance company will close on October 13, 2017.
Sensex provisionally ends 330 points higher at 32,163 with 25 components in green.
Asian stocks were near a decade high, riding the bull run in global equity markets, while the dollar sagged after the Federal Reserve showed a guarded view towards inflation.
Gold gained in Asia as the Fed appears on track for a December rate hike, but set a somewhat overall dovish tone on the track for 2018 in minutes released overnight.
China's commerce ministry said on Thursday that the European Union's new trade rules against Chinese imports lacked awareness of World Trade Organization (WTO) rules, urging the EU to abide by those requirements.
Oil prices fell in Asia as U.S. industry estimates showed a bearish and unexpected build in crude inventories and investor awaited official figures.
Japanese wholesale prices rose in September at the fastest annual pace in almost nine years due to rising prices for gasoline, metals, and agricultural products, but the gains won't necessarily boost the country's notoriously weak inflation.