Rupee flattish as weak local equities offset gains in Asian peers
MUMBAI, Nov 4 (Reuters) – The Indian rupee was nearly unchanged on Monday as the weakness in local equities blunted the impact of a rise in most Asian currencies, as the dollar weakened ahead of the outcome of the U.S. presidential election later this week. The rupee was at 84.0675 against the U.S. dollar as of 10:10 a.m. IST, compared to its close at 84.0750 in the previous session. The benchmark Indian equity indices, the BSE Sensex opens new tab and Nifty 50 opens new tab, were down more than 1% each. Persistent selling by foreign investors and a tepid