Dollar-rupee futures depreciated on Wednesday against US dollar. USDINR November contract went down 4 paise or 0.06 percent at 61.84 as against previous close of 61.88. The most active November contract touched a high of 61.9125 and a low of 61.81 after opening at 61.91.

Sushil Finance expects USDINR to trade positive on the back of weak domestic GDP data. The Indian rupee gained on Tuesday after a volatile trading session as dollar selling by custodian banks and a large corporate helped offset importer demand for the greenback.

ICICIdirect expects the US dollar to garner buying support on declines against the rupee. Utilise declines in the USD/INR December contract to buy. ''Buy USD/INR November futures in the range of 61.96-62.06 with target 62.25-62.40.''

Meanwhile, Swastika Investmart expects the rupee to trade on neutral to negative note against the dollar taking cues from positive GDP estimate from US. However, upbeat global market sentiments may cap sharp gains in the dollar.

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