Reuters Market Eye - The rupee edges up tracking gains in the BSE Sensex which tops 21,000 for the first time in nearly three years. The USD/INR pair is at 61.40/41, off 61.69 lows. The unit closed at 61.59/60 per dollar on Wednesday.
Strong shares lead to hopes of more foreign fund inflows, say dealers.
Lower dollar offshore also leading to selling onshore, says a dealer.
Foreign funds extend buying in local stocks for a 14th session, being provisional buyers of $104.7 million on Wednesday, exchange data showed.
Rally risk continues to rise with another dip to test key 50 percent fibonacci support at 61.17 gets bought on Wednesday. See
(Reporting by Subhadip Sircar)
