Markets decline sharply as rupee hits record low
after close1 source ↓written by the desknot a recommendation
- falling
- 2.6%
- 22,512.65
- dropping
- 2.46%
- 72,696.39
- against the US
- ₹93.98
Indian equities faced a sharp decline on Monday, with the Nifty 50 falling 2.6% to 22,512.65 and the BSE Sensex dropping 2.46% to 72,696.39. The rupee weakened to ₹93.98 against the US dollar amid escalating Middle East tensions, leading to broad-based sell-offs across all sectors. Market volatility surged, with the volatility index reaching 27.17, its highest since June 2024.
Not investment advice. For informational purposes only.