At the interbank foreign exchange, the domestic unit opened at 85.43 and moved between the intra-day high of 85.35 and the low of 85.61 against the greenback

Several major stocks saw declines on the 30-share index, including Infosys, which slipped 1.95 per cent, and Tata Consultancy Services (TCS), which was down by 1.20 per cent.

22, 24-carat Gold prices rise across Indian cities on May 19

Net inflows stood at ₹8.15 lakh crore, with equity-oriented schemes alone drawing ₹4.17 lakh crore, their highest ever annual inflow. 

Meanwhile, the dollar index was trading lower by 0.86% at 100.22