Reuters Market Eye - The rupee falls in trade with market moving with small flows as not much liquidity, say dealers. The rupee is at 61.91 versus Tuesday's close of 61.80/81 having moved in a 61.80-61.975 band in session.
An European bank was a big dollar buyer in early session pushing pair higher.
Foreign fund flows into equities crossed $20 bln in 2013. Provisional exchange figures show $50.12 mln of FII buying in stocks on Tuesday.
The rupee closed 2013 as Asia's third worst performer, down 11 percent.
Dealer tips 61.70-62.10 band for session.
(Reporting by Subhadip Sircar)