rebalancing is what you do when a particular investment's allocation has become large and you offload some of it. The biggest benefit of this technique is that it offers an automated method of booking timely profits.
Earlier, the rupee resumed slightly lower by 60.77 as against the last closing level of 60.76 at the Interbank Foreign Exchange Market but it immediately gained strength to quote 60.69 in early trade on bouts of dollar selling by exporters.