The Bombay Stock Exchange (BSE) Sensex fell over 600 points.
A huge fall has been registered in the stock market today. The Bombay Stock Exchange (BSE) Sensex has fallen more than 600 points. However, the BSE Sensex rose by more than 200 points in early trade today.
Among the Sensex companies, ONGC’s stock fell the most by two percent. Mahindra & Mahindra, PowerGrid, Titan, NTPC, L&T, and Maruti also declined. On the other hand, Sun Pharma, Infosys, Bajaj Finserv, Dr Reddy’s, and HCL Tech were among the gainers.
Rupee breaks 15 paise in early trade
In the interbank foreign exchange market, the rupee fell by 15 paise to 74.23 per dollar in early trade on Friday. The rupee declined on the back of a firm US Federal Reserve statement. Forex sellers said a drowsy pattern in homegrown value showcases additionally influenced the rupee’s assumptions.
After opening at 74.10 per dollar in the interbank foreign exchange market, the rupee fell further to 74.23 per dollar. This is a decrease of 15 paise from its past shutting level. The rupee had shut down at 74.08 per dollar on Thursday. Meanwhile, the dollar index, which shows the trend of the US currency against the six currencies, declined by 0.02 percent to 91.87.
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