The rupee opened on a cautious note and fell 28 paise to 71.88 against the US dollar in early trade on Tuesday amid rising demand for the US dollar vis-a-vis other currencies overseas.

Continuing its gaining streak for the second stright session, PNB share price gained as much as 3.42 per cent to hit a day's high of Rs 61.95 after opening higher at Rs 61.80 on the BSE

The equity market crashed on Tuesday with Sensex and Nifty declining over 2% each on heavy selling in PSU banks and auto indices.

RIL zoomed Rs 72,153 crore to Rs 8,09,755 crore after after announcing a host of investor-friendly proposals at its AGM meeting held on August 12.

On Friday, benchmark Indices closed broadly on a bullish note on back of positive global cues coupled with reports suggesting that Indian govt was likely to exempt foreign portfolio investors from an increase in taxes.

The valuation of SBI dropped by Rs 15,261.1 crore to Rs 2,60,018.56 crore and that of RIL slipped Rs 14,072.8 crore to Rs 7,36,602.08 crore