Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
The 30-share Sensex ended 79 points lower at 26,909 and the 50-share Nifty closed 25 points lower at 8,102.
Tracking a steep fall in local share market, the Indian rupee on Tuesday washed out initial gains and ended with a loss of 16 paise
Firm equity markets and foreign capital inflows failed to restrict rupee's fall against the dollar
The 30-share Sensex lost 54 points at end at 27,086 and 50-share Nifty shed 19 points to close at 8,096.
Sensex ends in green, bluechips in spotlight.
Rate sensitive sectors were among the top gainers with Tata Motors and ICICI Bank leading the gains on the Sensex.
A strong dollar overseas and some hesitancy in local stocks, however, limited the rupee rise.
A weak dollar overseas also aided the rupee rise while fresh sell-off by foreign funds in domestic stocks capped the currency's gains, forex dealers said.
'The international community is moving away from harmful tax practices.'
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
The rupee on Friday resumed lower at 60.25 a dollar from previous close of 60.19 at the Interbank Foreign Exchange market.
Investors will maintain a cautious stance.
BSE Realty index zoomed by almost 7% followed by counters like Metal, Oil & Gas, Auto, Banks, Auto, Healthcare and Power, all surging between 1-5%.
Investors remain cautious ahead of F&O expiry.
The official data on April-June GDP will be released on August 31.
The broader NSE Nifty slipped below the 10,500-mark by falling 103 points, or 0.97 per cent, at 10,482.20. It touched a high of 10,645.50 and a low of 10,464.05 during the day.
BSE Smallcap index outperformed the frontline indices to rise 0.6%, while the BSE Midcap was flat
The BSE Midcap and Smallcap indices have performed better than the front-liners
The rupee rose by 4 paise at 66.88 against the US dollar in early trade on Wednesday.
US stocks rose more than 1% on Tuesday, with the S&P 500 coming less than 2% below its record peak set last month.
Foreign fund flows into and out of the domestic sharemarket will continue to be key for the rupee's fortunes.
Nifty snaps 10-day winning streak
The rupee rallied for the second straight session by gaining 21 paise to end at 66.10 against US dollar.
Nifty PSU bank index dropped nearly 2%
Sensex climbs higher at close, bluechip stocks in focus.
Investors were anxious concerned about the uncertainties over the timing of Us Federal Reserve rate hike, US policies under President Donald Trump, the upcoming French election and rising crude price that could impact inflation, going ahead. A weak closing in Asia tracking overnight losses in the US owing to all these unknowns triggered selling, brokers said.
A weak dollar overseas failed to restrict the rupee's decline, a forex dealer said.
The rupee gained 8 paise to close at over two-week high of 61.23 against the US dollar in the previous session.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
The 30-share Sensex ended up 165 points at 29,044 and the 50-share Nifty gained 54 points to close at 8,834.
After a a steep fall last week, the rupee has closed slightly stronger against the dollar.
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.
The rupee recovered from more-than three months low of 63.15 in early trade on dollar selling by banks.
The rupee continued its downslide for the second session in a row, depreciating by 20 paise to close at more than one-week low of 62.51 against the greenback.
Adani Ports, HUL and L&T gained the most, while ICICI Bank, ONGC, GAIL and Tata Steel lost the most
Rupee rises by 16 paise against dollar on fresh selling.
The rupee fell to a two-year low of 64.84 against the US dollar.
The 30-share Sensex ended up 248 points at a record closing high of 27,346.