Domestic equity benchmark BSE Sensex dropped over 100 points to fall below the 37,000 mark on Thursday tracking weak cues from other Asian markets amid concerns of a looming global economic slowdown.
The rupee opened on a weak note and fell 17 paise to 71.71 against the US dollar in early trade on Thursday amid foreign fund outflows and cautious opening in domestic equities.
The rupee deprecated by 38 paise and fell to 71 per dollar mark in early trade on Tuesday amid strengthening of the American currency and weak opening in domestic equities.
Domestic equity benchmark BSE Sensex dropped over 200 points in early trade on Tuesday, dragged by losses in index heavyweights HDFC twins, Infosys and ITC, amid weak global cues.
The rupee rebounded from the five month low and appreciated by 26 paise to 70.47 against the US dollar in early trade Tuesday amid positive opening in domestic equity market.
The chief trade negotiators of the US and China are slated to meet for the 12th round of the high-level economic and trade consultations here from July 30 to July 31, according to the Chinese Ministry of Commerce.
The rupee appreciated by 6 paise to 68.92 against the US dollar in early trade on Thursday amid positive opening in domestic equity market.
Equities traded lower during early hours on Wednesday amid weak global cues with auto and realty indices showing the most losses.