Rupee nears 82/$, sensex slides for sixth day in row

Continuing to weaken against the dollar, the rupee closed at a new life low of 81.94 against the US currency after nearing the 82-level in intraday trades on Wednesday. The rupee had closed at 81.58 Tuesday. Sensex dipped for the sixth straight session, closing 509 points down at 56,598 as foreign funds continued to sell.

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