Sensex and Nifty decline as rupee hits record low
after close1 source ↓written by the desknot a recommendation
- dropped
- 0.61%
- 23,473.2
- declined
- 0.63%
- 74,726.44
- against the US
- ₹96.8650
Indian equity benchmarks fell in early trade as the Nifty 50 dropped 0.61% to 23,473.2 and the BSE Sensex declined 0.63% to 74,726.44. The rupee weakened to an all-time low of ₹96.8650 against the US dollar, driven by rising global bond yields and ongoing concerns over the Iran conflict. This has led to significant FII outflows from emerging markets.
Not investment advice. For informational purposes only.