Reuters Market Eye - The rupee is stuck in a tight 61.81-61.92 trading band with stocks trading flat. Local stocks trading marginally up, 0.1 percent higher.
Foreign funds were buyers of $30.03 million of stocks on Tuesday, provisional exchange data shows.
Emerging Asian currencies were mostly higher on Wednesday as fears of an imminent military conflict in Ukraine ebbed, while wary investors stayed on alert for a possible widening by China of the yuan's trading band.
India to kick-off polling for general elections on April 7, counting on May 16.
(Reporting by Subhadip Sircar)