The Indian rupee fell 3 paise against the US dollar on Friday and closed at a record low in view of weakness in Asian competitors and demand for dollars from foreign banks. The local currency closed at a new low of 83.37 per dollar compared to the previous close of 83.34.
Sensex falls 48 points, Nifty closes below 19,800
Stock market indices closed marginally lower on Friday as global cues remained subdued and the global rally in information technology stocks faded.
