Stock markets (Sensex and Nifty) registered massive losses on Tuesday after the Indian rupee struck new record low at 72.74 vs US dollar with Sensex falling 509 points and Nifty concluding below 11,300 at 11,287.50. During the day, in the late trading, the S&P BSE Sensex slipped as much as 561 points to a day’s bottom of 37,361.20 while NSE Nifty tripped 164.1 points to a day’s low at 11,274. According to the Bloomberg data, the Indian rupee slumped as much as 29 paise to a new all-time trough of 72.7388 per unit US dollar.
Stock markets (Sensex and Nifty) registered massive losses on Tuesday after the Indian rupee struck new record low at 72.74 vs US dollar with Sensex falling 509 points and Nifty concluding below 11,300 at 11,287.50. During the day, in the late trading, the S&P BSE Sensex slipped as much as 561 points to a day’s bottom of 37,361.20 while NSE Nifty tripped 164.1 points to a day’s low at 11,274. According to the Bloomberg data, the Indian rupee slumped as much as 29 paise to a new all-time trough of 72.7388 per unit US dollar.