Indian Rupee Versus US Dollar: On Thursday, the rupee fell 7 paise to 75.11 against the dollar, as geopolitical worries pushed investors toward safe-haven assets. Foreign cash outflows and rising crude oil prices, according to forex traders, have further undermined the rupee.

The rupee opened at 74.94 against the dollar on the interbank foreign currency market, but later fell to a low of 75.18 against the greenback. At closure, the local unit was trading at 75.11, down 7 paise from the previous close. In the meantime, the dollar index, which measures the strength of the greenback against a basket of six currencies, was up 0.15 percent at 95.84.

The 30-share Sensex closed the day 104.67 points or 0.18 percent lower at 57,892.01, while the wider NSE Nifty ended the day 17.60 points or 0.1 percent lower at 17,304.60. Brent crude prices slid 1.61 percent to USD 93.28 a barrel, the global benchmark.

According to stock exchange data, foreign institutional investors were net sellers in the capital market on Wednesday, offloading shares worth Rs 1,890.96 crore.

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