The weak stock market combined with the strength of the US dollar against other major currencies led the rupee to dip close to the 51 to a dollar mark — a fresh 32-month low level — but settled at 50.74, weaker by 7 paise from Tuesday's close. For both, the stock market and the rupee, market players are taking a bearish stance since they feel there is no positive trigger that can act as an agent for the current trend to reverse. Gold crosses . 29k mark Mumbai: Bouyant wedding seasonal demand amidst higher investors offtake pushed the yellow metal to cross the Rs 29,000 mark at the domestic bullion market here on Wednesday. AGENCIES |
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