On Friday, the rupee had lost 6 paise.
The broader NSE index has fallen about 0.9% as investors wait for corporate results
The 30-share Sensex ended down 12 points at 25,610.
Snapping its two-day losing streak, the rupee on Monday bounced back by 9 paise to 66.67 against the US dollar.
The 30-share Sensex ended down 145 points at 19,294 and the 50-share Nifty ended down 42 points at 5,817.
Market breadth was weak with 1239 losers and 1078 gainers on the BSE.
Markets slumped for fourth straight session this Monday as investors braced for the central bank meeting with caution.
The market breadth was positive. Out of 2,519 stocks traded so far, 1,266 stocks advanced while 1,105 declined on the BSE.
Markets fell further in noon trades amid profit taking in FMCG majors and oil and gas shares.
The broader NSE Nifty too dived by 131.70 points, or 1.24 per cent, to close at 10,453.05.
The rupee had ended 12 paise higher at 63.70 on Monday.
The government is expected to dole out some populist policies, especially for the rural / farm sector while presenting the interim budget, given that the country is heading towards general elections over the next few months.
The 30-share Sensex ended down 157 points at 20,666 and the 50-share Nifty ended down 46 points at 6,141.
Investors booked profits after strong 641-point rally in the previous two sessions, brokers said.
Banking stocks led by SBI, ICICI Bank, Bank of Baroda, PNB, Kotak Bank, HDFC Bank, Axis Bank, Federal Bank and Yes Bank fell as much as 2.77 per cent.
The 30-share Sensex ended up 85 points at 19,496 after hitting an intra-day high of 19,640 and the 50-share Nifty gained 31 points to close at 5,868 after topping the 5,900 mark in intra-day trades.
The markets opened in the red on the back of profit booking and unwinding of the open positions by the institutional buyers and foreign funds.
The markets were flat in the opening trade but failed to sustain small gains as Asian peers were trading lower.
Benchmark share indices opened lower on Monday, amid weak global cues, as investors turned cautious ahead of the US Federal Reserve stance on interest rate.
The 30-share Sensex gained 117 points to end above 29,000 at 29,006 while the 50-share Nifty gained 32 points to close at 8,761.
The value of unclaimed securities and other assets was nearly Rs 20,000 crore in March 2020.
The rupee had hit a record low of 68.85 in August 2013.
In the longest losing streak of 2017, the BSE Sensex has lost 1,270 points, or 3.91 per cent. It fell to a three-month low of 31,154.03 on Wednesday.
Shares of L&T Technology Services, an arm of engineering giant Larsen and Toubro, made a decent debut on the bourses
The Sensex swung over 660 points both ways on alternate bouts of selling and buying before closing the day higher by 97.39 points, or 0.28 per cent.
The Adani story has only one angle -- how the stocks were rigged up to ridiculous heights, the Hindenburg report on gross overvaluation, followed by the vertical free fall of Adani stocks, points out Debashis Basu.
The NSE Nifty settled the day 96.80 points, or 0.94 per cent lower, at 10,224.95
Month-end dollar demand affected the rupee
There was broad-based rally with participation across sectors creating enormous wealth for investors but starting 2018, the rally got concentrated into select large-cap companies with under performance in broader markets.
Strong rebound in local equities restricted the rupee's fall.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
Rupee hits 2-month low against dollar on US rate hike fears.
The rupee settled at 61.71. In straight three sessions, the currency has shot up 51 paise or by 0.82 per cent.
Extending losses for the fourth straight session, Indian rupee on Monday declined by ten paise to log over 13-month closing low of 63.67.
The government is scheduled to release index of industrial growth for November and consumer price inflation for December later today.
The top gainers on the Sensex were Cipla, Bharti Airtel, Maruti Suzuki, Hero Moto & Sesa Sterlite.
Rupee closed at 61.86 against the dollar on Tuesday.
Broader market outperformed the frontline indices with the Smallcap and Midcap gaining up to 1%