The rupee cracked below the 67-mark again against the US dollar by slumping 44 paise to Rs 67.29 -- a level not seen since September 2013.

Besides, Infosys reported a robust 6.6 percent rise in its third quarter net profit and raised its annual revenue growth forecast, sending shares up 4.28 percent. Consolidated net profit rose to Rs 3,465 crore in December quarter compared with Rs 3,250 crore in the same period a year ago, the IT major said in a statement.

Meanwhile, deflationary trend eased in December with WPI inflation moving up to (-)0.73 percent as food articles, mainly vegetables, turned costlier. "Indices consolidated post sharp recovery after the release of WPI numbers, which remains in the negative zone. Weak global indices also weighed on the sentiment," said Gaurav Jain Director Hem Securities.

On weaker Asian and European cues, the benchmark BSE index had opened about 300 points lower to hit a low of 24,473.22.

However, on revival of value-buying in select counters it managed to regain 25,000-mark briefly and touched a high of 25,018.46.

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