and mining sectors. Retail inflation remained in double digits at 10.79 per cent in January, driven by higher prices of vegetables, edible oil, cereals and protein-based items.
However, WPI inflation dropped to a three-year low of 6.62 per cent in January but the data failed to spur rate cut hopes.
The Indian benchmark sensex closed with week lower by 26.62 points or 0.14 per cent also put pressure on the rupee.
The 30-issue index has lost 635.38 points, or 3.16 per cent, in the last three weeks.