Mumbai, September 14: Fresh dollar demand from banks and importers weighed on the rupee sentiment, which snapped three -session of gains to close down by five paise against the US dollar.
At the Interbank Foreign Exchange (Forex) market, the domestic unit opened slightly better at 46.37/38 a dollar and rallied further to the day’s high of 46.30.
It later concluded the day at 46.44/45 a dollar.
However, sustained heavy capital inflows capped the rupee fall to a certain extent.
The Bombay Stock Exchange benchmark sensex was up by nearly 279 points in early stages but profit-booking at higher levels trimmed half of its gains, still ending up by 138.63 points or 0.72 per cent.
Weak dollar overseas too boosted the rupee sentiment at initial stages but dollar selling by banks and exporters pushed the rupee downwards.
–Agencies