The Indian rupee opened lower by two paise at 68.67/$ against the previous close of 68.65/$.
A boost in prices could resurrect not just energy stocks but many other asset classes. US GDP numbers came in at 3.2pc in the September quarter raising hopes of a rate hike next month.
In India, September quarter domestic GDP growth will be in focus; the impact of demonetisation will be known only next quarter. The fiscal deficit numbers and infrastructure output data are also on tap today. Fitch Ratings has cut the GDP growth forecast for FY17 to 6.9 pc from 7.4 pc, citing the demonetisation effect.