The rupee resumed higher at 59.10 per dollar as against the last Friday's closing level of 59.17 at the Interbank Foreign Exchange market.
A lower opening of the domestic equity market put pressure on the rupee.
The rupee on Wednesday strengthened by another 3 paise to 62.82 against the US dollar.
Kotak Bank was the top loser in the Sensex pack, shedding over 2 per cent, followed by ICICI Bank, PowerGrid, HDFC, IndusInd Bank and Axis Bank. NSE Nifty declined 45.75 points to 16,568.85.
The local currency had surged 35 paise to 63.65 in Thursday's trade.
The rupee ended lower by six paise at 65.73 against the US dollar on Monday.
The rupee had dropped 15 paise or 0.22 per cent yesterday.
Robust capital inflows alongside a slightly weaker greenback too reinforced the dominance of the home currency
The rupee had shed 10 paise to close at 66.14.
The rupee had shed 13 paise to close at 64.04.
Continued capital inflows by foreign funds and retail investors kept market's mood upbeat, traders said.
The Indian rupee on Thursday appreciated by 12 paise to end at 66.71.
Shares of metal, realty, consumer durables, auto, capital goods and banking hogged limelight on a flurry of buying by investors
Stocks smashed previous records as the Sensex on Thursday raced to close at a fresh high of 30,750 zooming 448 points.
This is its lowest level since August 30
The rupee on Tuesday fell by 25 paise to 65.05 on fresh dollar demand from banks and importers despite persistent foreign capital inflows.
Weakness of dollar in the overseas market also boosted the domestic currency, a forex dealer said.
The rupee on Thursday gained 39 paise to close at a nearly 10-month high of 59.29 against the US dollar following sustained selling of the American currency by exporters and continued capital inflows, ahead of keenly-waited Lok Sabha poll results to be unveiled on Friday.
Extending losses for the second straight session, the rupee slipped by 11 paise at 66.54 against the US dollar.
The rupee ended marginally lower by three paise at 66.36 against the US dollar.
The impact of the banking crisis in the US was visible in IT bellwether Tata Consultancy Services' (TCS) weak performance in the March quarter of fiscal 2023 (Q4FY23). The firm witnessed slower revenue growth in Q4FY23 and failed to meet its FY23 exit Ebit margin of 25 per cent as some clients, especially in the North American region, took to pausing projects and rising onsite costs offset utilisation gains. Sequentially, the company's revenue grew by just 0.6 per cent on a constant currency basis, which was one of the slowest paces in over 11 quarters.
On Wednesday, the rupee ended barely steady at 64.93.
The rupee has dropped by 49 paise or 0.75 per cent in four days.
Reliance was the top gainer in the Sensex pack, surging over 3 per cent, followed by ICICI Bank, Bharti Airtel, Dr Reddy, Maruti and ITC.
Titan was the top gainer in the Sensex pack, rising around 4 per cent, followed by HDFC, Nestle India, IndusInd Bank, UltraTech Cement and Bharti Airtel. On the other hand, Bajaj Auto, Tata Steel and NTPC were the laggards.
The rupee plunged by 28 paise to more than 2-month low of 66.47 against the US dollar on Monday.
Titan was the top gainer in the Sensex pack, rising over 3 per cent, followed by M&M, Reliance Industries, Axis Bank, TCS, Maruti and Infosys. NSE Nifty surged 122.10 points to 15,885.15.
The Rupee is seen weakening further against the dollar.
The rupee resumed lower at 64.20 per dollar.
The rupee hovered in a narrow range of 62.20 and 62.28
The rupee slumped to 64-level against the American currency, its second straight fall this week.
Top losers in the session included Maruti, Tata Motors, RIL, Yes Bank, Adani Ports, Bharti Airtel, Asian Paints, ONGC, HUL, Kotak Bank, IndusInd Bank and Axis Bank, falling up to 5 per cent.
Fresh dollar demand from banks and importers amidst volatile equities triggered the fall
Volatile currency market sentiment across Asia following a fresh round of China's yuan depreciation further added to gloom.
The rupee on Tuesday recovered from its two-week low to end steady at 66.60 against the American currency, inching up by a paisa on the back of mild dollar selling.
Increased demand for the dollar from importers put pressure on the rupee.
There was fresh dollar demand from banks and importers.
The rupee on Tuesday gained 14 paise to close at 61.88 against the dollar.
UltraTech Cement was the top gainer in the Sensex pack, rising 3.06 per cent, followed by IndusInd Bank, ICICI Bank, HDFC Bank, Titan, Axis Bank, SBI and Reliance Industries. NSE Nifty advanced 78.35 pointsto close at 14,814.75.