The 30-share BSE Sensex was down 67 points at 29,580.42 and the 50-share NSE Nifty fell 17.15 points to 9,156.60. About 584 shares advanced against 258 declining shares on the BSE.
The Indian rupee has opened on a flat note at 64.92 against the US dollar.
Ashutosh Raina of HDFC Bank says the continued year-end portfolio flows getting absorbed by the intervention bids, continue in the USD-INR pair, with the pair trading close to crucial 64.80-64.85 per dollar technical level.
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