(RTTNews) - The Indian rupee that advanced to a 4-week high of 44.53 against the US dollar at the beginning of Wednesday's trading reversed direction shortly as the domestic equities traded modestly lower on profit taking. The rupee than reached as low as 44.7150 against the greenback before leveling off at the close of the domestic trading.
After showing some resilience early in the session, the benchmark BSE Sensex lost ground during the last two hours of trading to end down 101 points or 0.55 percent at 18,394. Likewise, the broader Nifty index struggled for direction in the morning before losing ground and ending down 29 points or 0.53 percent at 5,527.
