Stocks recover as banks limit losses amid rupee decline
pre-market1 source ↓written by the desknot a recommendation
- 54 points
- 85,213
- 20 points
- 26,027
- 72 points
- 60,213
- against the US
- ₹90.79
The stock market rebounded from sharp intraday losses, closing flat on Monday. The Sensex fell 54 points to 85,213, while the Nifty 50 dropped 20 points to 26,027. Banking stocks, led by IDFC First Bank and Federal Bank, helped cap losses, with the Nifty Bank index rising 72 points to 60,213. The rupee hit a record low of ₹90.79 against the US dollar, impacting market sentiment.
Not investment advice. For informational purposes only.