Sensex and Nifty decline amid foreign selling and rupee weakness
pre-market1 source ↓written by the desknot a recommendation
- 77,649.63
- 24,216.05
- on Monday
- ₹1,121.04 cr
- The rupee depreciated
- 6 paise
- against the US
- ₹96.42
Benchmark indices fell in early trade, with the BSE Sensex down 58.89 points to 77,649.63 and the NSE Nifty down 22.45 points to 24,216.05. Foreign institutional investors sold equities worth ₹1,121.04 cr on Monday, contributing to the decline. The rupee depreciated 6 paise to ₹96.42 against the US dollar amid geopolitical uncertainties.
• HDFC Bank, Reliance Industries, and Axis Bank were notable laggards.
• Brent crude traded down 0.63% at USD 88.66 a barrel, adding to market caution.
Not investment advice. For informational purposes only.