Day: May 25, 2024

Rupee falls 8 paise to 83.21 against US dollar in early tradeRupee falls 8 paise to 83.21 against US dollar in early trade

The rupee continued its downward movement for the second straight day and fell by 8 paise to 83.21 against the US dollar in early trade on Tuesday amid massive selling by foreign equity investors and a firm American currency. Subdued equity market sentiment and elevated level of crude oil prices — hovering above USD 92 […]

Closing Bell: Sharp sell-off at Dalal Street; Nifty closes below 19550, Sensex below 65550; IT, FMCG stocks tankClosing Bell: Sharp sell-off at Dalal Street; Nifty closes below 19550, Sensex below 65550; IT, FMCG stocks tank

The market witnessed sharp sell-off and benchmark domestic indices ended Thursday’s trading session in red. The NSE Nifty 50 tumbled 192.90 points, or 0.98%, to settle at 19,523.55, while the BSE Sensex tanked 610.37 points to 65,508.32. The border indices also settled in negative territory. The Bank Nifty index shed as much as 287.35 points, […]