Besides, fund inflows by foreign investors and the US dollar's weakness against some currencies overseas also supported the domestic unit, dealers said.
Sources told CNBC-TV18 that the Centre would soften its stand on seeking surplus reserves of the RBI and the central bank would cede to the demand of relaxing some of its lending curbs.
The board has decided to solicit expressions of interest to assess the interest for a sale of its stake in IL&FS Securities Services and ISSL Settlement & Transaction Services.
India has built 5.33 million tonne (MT) of emergency storagen underground rock caverns in Mangalore and Padur.
Its larger rival Indigo had reported a net loss of Rs 652.13 crore in the September quarter compared to a profit of Rs 551.56 crore a year ago.
The rate of price rise in the food basket contracted by 0.86 per cent in October compared to 0.51 per cent rise in September, according to the Central Statistics Office data.
Net loss was 11.56 billion rupees ($158.43 million) for the three months ended Sept. 30, compared with a profit of 1.79 billion rupees a year earlier.
Similarly, the NSE Nifty fell by 103 points to 10,482.20 points.
Besides, SEBI is looking to make it mandatory for liquid funds to mark to market the value of all bonds that have maturity of 30 days or more.
Earlier on October 5 also, the matter was adjourned for November 12 for next hearing by the appellate tribunal.Forex traders said the dollar's strength against some currencies overseas weighed on the rupee but a higher opening of the domestic equity markets capped the losses.
Speaking at the Make in Odisha conclave, RIL Chairman and Managing Director Mukesh Ambani said the Reliance Foundation High Power Athletic Centre would produce Olympic-level athletes.
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