The rupee was still trading at near six-month low on weak equity, corporate demand, said dealers. The Indian currency was at 55.575/58, after falling to 55.63, a level last seen on Nov. 29, versus Tuesday's close of 55.41/42. Dealers said breach of 55.20 seems to have changed outlook for rupee for the negative. Local stocks gave up earlier gains to end 0.25 per cent down.

Source