Mumbai, Nov. 7 -- The Indian rupee slipped 2 paise to 88.65 (provisional) against the US dollar on Friday amid a strong American currency against major crosses overseas and rising crude oil prices. A weak trend in domestic equity markets also weighed on the domestic currency. Indian markets cut early losses to end on a flat note Friday on the back of buying in banking, metal and auto shares. The benchmark BSE Sensex hit an intraday low of 82,670.95 amid persistent foreign outflows and a cautious global mood after the release of weak U.S. labor market data. With a bout of short-covering and hopes of progress in India-U.S. trade talks helping spur buying at lower levels, the Sensex eventually ended the session down 94.73 points, or 0.11 per...
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