Indian rupee saw a sideways movement but saw good gains in intraday trades as local equities surged. The key equity indices ended with significant gains on Thursday, rising for the fifth day in a row. The Nifty settled above 22,550 mark. PSU bank, healthcare and auto stocks advanced. This rally pulled down the INR from 83.40 per US dollar to 83.31 per US dollar in intraday activity. Meanwhile, the US dollar index maintained a subdued stance around 105.50 ? testing near one week low . Investors are carefully positioning themselves, recognizing the potential influence of upcoming data on the Federal Reserve's monetary policy trajectory.

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