<div>The rupee is trading at 62.72, down from 3 February' 2014 close of 62.56/57, after hitting as low as 62.83 earlier.</div><div> </div><div>Emerging markets are under pressure after data showing US manufacturing activity slowed sharply raises risk aversion. The dollar index up 0.15 per cent against a basket of six major currencies.</div><div> </div><div>"Probable RBI intervention and exporter selling may come above 63. Already some people are looking to sell above 62.80 levels," said Subramanian Sharma, director at Greenback Forex.</div><div> </div><div>The BSE Sensex falls 1 per cent, hitting its lowest intraday level since October 9</div><div> </div><div>Foreign investors sold Indian shares worth a net $117.40 million on Monday, provisional exchange data shows, after selling a net $523 million in the previous six sessions.</div><div> </div><div>Overseas funds sold a net $33.75 million in debt on Monday, the data showed.</div><div> </div><div>(Reuters)</div><div> </div>
