Sensex closes lower as rupee hits record low
pre-market1 source ↓written by the desknot a recommendation
- 31.46 points
- 0.04%
- ending
- 25,986
- sold shares worth
- ₹3,642.30 cr
- against the US
- ₹90.28
The Indian market declined for the third consecutive session, with the Sensex closing at 85,106.81, down 31.46 points or 0.04%. The Nifty slipped below 26,000, ending at 25,986, as foreign investors sold shares worth ₹3,642.30 cr. The rupee hit a record low of ₹90.28 against the US dollar, pressuring banking stocks.
• Foreign Institutional Investors (FIIs) continued to exit equities.
• Domestic Institutional Investors (DIIs) provided some support, buying ₹4,645.94 cr worth of shares.
Immediate market sentiment remains cautious ahead of the RBI's policy decision.
Not investment advice. For informational purposes only.