Indian rupee opens bring down after hitting highest level against the dollar in more than two years

New Delhi, Jan 3 The Indian rupee on Wednesday slipped in early exchange and opened lower by 7 paise at Rs. 63.55 for each dollar versus Rs. 63.48 on Tuesday, where the nearby money was up by 0.31 percent from its previous closing.

The rupee on Tuesday had also hit its highest level against the dollar in about more than two years in the midst of indications of shortcoming in the US money.

In the interim, the securities exchanges had a positive start to the day with Sensex and Nifty rising more than 100 and 40 points individually in the opening exchange.

The 30-share Bombay Stock Exchange (BSE) Sensex was up 135.66 points at 33947.92, and the 50-share National Stock Exchange (NSE) Nifty increased 40.30 points at 10482.50., crossing the 10,450-stamp.

Reliance Industries, Adani Ports, and ICICI Bank opened in green; giving momentum to early morning exchange.

Be that as it may, loads of Dr Reddy's Labs, ONGC, and Aurobindo Pharma had drooped.

Asian stocks had also struck a fresh decade high in the New Year, where the Dow rose 0.42 percent.

S&P 500 increased 0.83 percent and the Nasdaq 1.5 percent.