Reuters Market Eye - Rupee at 52.7450/75, after rising earlier to a one-week high of 52.68 in intraday trade vs 52.9150/9250 last close. Dealers say positive sentiment on foreign fund inflows on GAAR delay, fears of an active RBI helping rupee.
Local stock, however, down 0.4 percent, bucking positive Asian trend.
Dealer tips 52.60-53.00 range for session.
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India's biggest steel manufacturer, Tata Steel Ltd said its fourth quarter loss narrowed on lower costs and a smaller charge on impairment of assets. Full Article