Indian rupee ended flat at 73.57 per dollar, amid volatile trade seen in the domestic equity market.
It opened flat at 73.58 per dollar against previous close of 73.58 and remained in the range of 73.49-73.63.
At 14:05 IST, the Sensex was down 392.20 points or 1.04% at 37341.88, and the Nifty was down 117.90 points or 1.06% at 11035.80.
The U.S. dollar held onto gains against major currencies on Wednesday, supported by positive U.S. economic data and concerns about a second wave of coronavirus infections in Europe and Britain.
Oil prices fell on Wednesday after an industry group reported a rise in U.S. crude inventories against expectations for a decline, adding to worries about demand that led to a steep selloff earlier in the week.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
