Rupee still up; oil bids at lower levels

The rupee continued to trade up as local stocks extended gains. The rupee/dollar pair was seen trading at 54.69/70 against its previous close of 54.86/87.

A flow driven market but dollar buyers may take charge in the second session, said dealers. "Oilers are lurking at lower levels," said a state-run bank dealer.

Copyright @ Thomson Reuters 2013