The rupee plunged 65 paise to 73.99 against the US currency in opening trade on Friday amid continued forex outflows following weak global growth concerns.
Saudi Arabia's oil company Aramco began trading for the first time on Wednesday, gaining 10% in its first moments on the market in a dramatic debut that pushed it's value to USD 1.88 trillion, higher than any other listed company in the world.
Foreign institutional investors (FIIs) remained net buyers in the capital market, as they purchased shares worth Rs 4,677.75 crore on Tuesday, according to provisional exchange data.
Domestic bourses opened on a cautious note on Thursday with benchmark indices Sensex trading 4.04 points down at 40,647.60 and Nifty lower by 7.30 points at 11,991.80.
The Indian rupee opened on a cautious note and fell 30 paise to 71.27 against the US dollar in early trade on Friday after Moody's changed its India rating outlook to negative citing lower economic growth.
A judge Thursday ordered President Donald Trump to pay USD 2 million to an array of charities as a fine for misusing his own charitable foundation to further his political and business interests.
The Indian rupee opened on a cautious note and fell 9 paise to 71.03 against the US dollar in early trade on Wednesday amid rising demand for the US dollar vis-a-vis other currencies overseas and unabated foreign fund outflows.