Mumbai Nov 23 PTI The rupee recovered most of its initial losses and settled 4 paise down at 7443 provisional against the US dollar on Tuesday tracking a positive trend in domestic equities and easing crude oil pricesAt the interbank forex market the local unit opened at 7448 against the greenback and witnessed an intra-day high of 7438 and a low of 7457It finally ended at 7443 against the American currency registering a fall of just 4 paise over its previous close of 7439Indian rupee recovered opening loss and ended on a flat note after a short-covering bounce in domestic equities Strength in Asian currencies lower crude oil price and steady dollar index supported the local unit Dilip Parmar Research Analyst HDFC Securities saidParmar further added that spot USDINR is expected to consolidate in a narrow range of 74 to 7470 amid mixed global and domestic signalsThere were foreign fund outflows from the secondary market dollar index heading higher and at the same time we could see the central bank selling dollars for month-end dollar demands he saidOn the domestic equity market front the BSE Sensex ended 19844 points or 034 per cent higher at 5866433 while the broader NSE Nifty rose 8680 points or 05 per cent to 1750335Brent crude futures the global oil benchmark fell 097 per cent to USD 7893 per barrelThe dollar index which gauges the greenbacks strength against a basket of six currencies declined 014 to 9641Foreign institutional investors were net sellers in the capital market as they offloaded shares worth Rs 343876 crore on Monday according to exchange data PTI DRR DRR BAL BAL