Rupee gains 2 paise to 95.43 against US dollar in early trade

The rupee gained two paise against the US dollar in the early market hours, driven by a softening dollar internationally. Nonetheless, the outflow of foreign investments from Indian equities is weighing on the rupee's performance. Compounding this issue, rising crude oil prices linked to geopolitical conflicts further affected market sentiments, resulting in declines for the Sensex and Nifty in morning trading.