Rupee update

* India Rupee falls past 59.89/dollar; reverses all gains  made since RBI started cash tightening on July 15

Repo rate

* India's 5-yr swap rate  falls 7 bps to 8.26 pct

bank nifty

buy bank nifty@10470 target 10650/10800

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Fullstory

http://www.sify.com/mobile/finance/sensex-falls-for-fourth-day-banks-hit-ahead-of-rbi-policy-news-sensex-nh3suAgaifb.html

Bench mark

* India's benchmark bse index provisionally ends down  0.86 pct, nse falls 0.95 pct