The Indian rupee is adding gains on Monday morning tracking weakness in dollar overseas coupled with pull back in oil prices. However, muted local equities following sharp gains last week could add some pressure in the domestic unit during the day. On Friday, rupee pared initial gains and settled for the day almost flat at 83.49 against the US dollar. The benchmark S&P/BSE Sensex hit an intraday low of 79,479 before finishing down 53.07 points, or 0.07 percent, at 79,996.60. The broader NSE Nifty index ended the session up 21.70 points, or 0.09 percent, at 24,323.85, after having hit a low of 24,169 earlier. Meanwhile, India’s foreign exchange reserves declined by $1.713 billion to $651.997 billion for the week ending June 28, according to the latest RBI data released on Friday. This follows a previous decline of $2.922 billion in the prior week. The primary component of the forex reserves, foreign currency assets, decreased by $1.252 billion, totalling $572.881 billion. Gold reserves saw a reduction of $427 million during the week ended June 28, settling at $56.528 billion for the week. Special Drawing Rights (SDRs) decreased by $35 million, amounting to $18.014 billion.