(RTTNews) - The Indian rupee that touched a 2-day high of 44.3350 against the US dollar at the beginning of Wednesday's deals pared gains in the succeeding trading hours, tracking weak domestic equities. The rupee reached as low as 44.50 against the greenback at the close of Indian trading session.
The Indian market ended a choppy session modestly lower today, weighed down by mixed Asian cues and a drop in European equities after ratings agency Moody's downgraded Portugal's government debt to junk status on Tuesday, rekindling fears of contagion effects in the eurozone.
After moving in both directions, the benchmark 30-share Sensex ended down 18 points or 0.09 percent at 18,727, with 18 of its components declining. The broader Nifty index eased 7 points or 0.12 percent to 5,625.
