Rupee fell 32 paise to close at 74.88 level
Today the weakness in the rupee against the dollar also showed deepening. Rupee has weakened by 32 paise to close at 74.88 against the dollar today. However, the rupee also started with weakness today. The rupee opened weak against the dollar by 18 paise. Rupee opened today at 74.74 level against dollar.
In Friday's trade, there was a weakness in the rupee against the dollar, the rupee weakened by 2 paise to close at 74.56 against the dollar.
The effect of weakness in the global markets was seen on the Indian markets and on the first day of the trading week, there was a decline in the market.
In today's trade, Sensex-Nifty has closed more than 1 percent down. On the other hand, banking and financial stocks saw the most pressure. Nifty broke the most after 30 April i.e. 11 weeks. There was selloff in banking, metal, auto stocks. Whereas midcap, small cap got brakes on record rise of 6 days.
At the end of trading, the Sensex closed at 52,553.40, down 586.66 points, or 1.10 percent. On the other hand, Nifty closed at 15,752.40, down 171.00 points, or 1.07 per cent.
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Team Sis
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