Indian Stock Market slides as Rupee hits record low against Dollar; Investors turn cautiousIndian equity markets opened lower on January 29 as weak global cues and a sharp fall in the rupee dented investor sentiment. Sensex, Nifty Open Lower Amid Weak Rupee and Mixed Global CuesMumbai: The Indian stock market witnessed a sharp decline on January 29. Global cues had a mixed impact on the market, while the rupee's weakness against the US dollar also dampened investor sentiment. Rupee Weakness Increases ConcernsIn early trading today, the rupee touched a new record low of 91.99 against the dollar and traded above 92. According to experts, mixed signals from global markets, the strengthening of the dollar, and the weakening of the rupee forced investors to remain cautious.