At the Indian interbank foreign trade, the rupee opened at 79.76 against the American dollar, enlisting an increase of six paise over the last close.

The rupee on Friday bounced back from the close to 80 levels to close higher by 17 paise at 79.82 against the US cash.

RBI (Reserve Bank of India) may safeguard the level of 80 for some additional time before it can permit a break. The import/export imbalance is extremely high for the rupee to support while merchants/obligation organizations will continue to purchase dollars to take care of their payables," said Anil Kumar Bhansali, head of treasury, Finrex Treasury Advisors.

Worldwide oil benchmark Brent unrefined fates rose 0.71 percent to $101.88 per barrel.

Foreign institutional financial backers stayed net dealers in the capital market on Friday, offloading shares worth Rs16.49 billion, according to trade information.