Indian rupee has weakened on Tuesday against US dollar. Indian currency declined 13 paise or 0.21% against dollar to settle at 60.95. Rupee has witnessed a high of 60.87 and a low of 61.01. Its 52-week range was 58.34-63.91.

The Dollar index, a measure of the value of the US dollar relative to a basket of foreign currencies, declined 0.37% to settle at 84.44.

Indian markets today settled sharply lower with Sensex plunging over 400 points led by losses in realty and oil & gas stocks. Investors were cautious ahead of September month F&O expiry this week. At the close, the benchmark 30-share index, BSE Sensex lost 431.05 points or 1.58% at 26,775.69 with 26 components posting drop. Meanwhile, the broad based NSE Nifty fell by 128.75 points or 1.58% at 8,017.55 with 48 components posting drop.