RTRS: Indian rupee further trims gains on stock losses
MUMBAI, Feb 2 (Reuters) - The Indian rupee further trimmed gains in afternoon session on Tuesday tracking losses in the domestic sharemarket with a steady dollar against major currencies providing little direction.
* At 2:30 p.m., the partially convertible rupee INR=IN was at 46.28/29 per dollar after hitting 46.17 at open, and stronger than its previous close of 46.37/38.
* The index of the dollar .DXY against six major currencies was little changed.
* Indian shares .BSESN extended losses to nearly 1 percent in afternoon trade, after having risen about 1 percent earlier.
* One-month offshore non-deliverable forward contracts PNDF were quoting at 46.27/37, marginally weaker than the onshore spot rate.
* In the currency futures market INRFUTURES, the most traded near-month dollar-rupee contracts on the National Stock Exchange and MCX-SX were both quoting at 46.3525 with the total traded volume on the two exchanges at about $330 million. (Reporting by Swati Bhat; Editing by Sunil Nair)
