On the political and the economic front, there are some interesting and downright bizarre movements.
Tag: Sensex
Sensex Ends 192 Points Lower After RBI Lowered GDP Forecast for 2019-2020
In its first bi-monthly policy review for this financial year, the central bank cut the key interest rate by 0.25 per cent for the second time in a row.
Rupee Falls 32 Paise to 72.17 Against US Dollar in Early Trade
On Tuesday the Indian rupee had plunged 53 paise to 71.85 per US dollar.
Economic Crisis: Rupee Hits New Low Of 74.27, Plunges 21 Paise Against USD
It broke previous record low (intra-day) of 74.23 reached on October 5.
Rupee Drops 44 Paise To Hit New low of 73.77 Against USD
Consistent dollar demand from importers kept the rupee under pressure.
Rupee Hits New Low Of 73.34, Plunges 43 Paise Against USD
The domestic currency dropped 43 paise.
Economic Crisis: Rupee Continues Free Fall, Now At 72.12 Against USD
The BSE Sensex too entered the negative zone by falling 61.11 points.
Modi Makes History, India In Trouble: For The First Time In 71 Years, Rupee Falls To 71
At the Forex market, INR opened lower at 70.95 a dollar and slipped further to hit its lifetime low.
Rupee Slips 15 Paise To 69.01 Against US Dollar
However, a higher opening of the stock market capped the rupee’s fall.
Rupee Slips 5 Paise To 68.87 Against US Dollar
An escalating trade spat between the US and China also weighed on the rupee.
Rupee Hits Fresh 15-Mth Low Of 67.32; Macro Headwinds, Crude Oil Hurt
This is the lowest closing for the rupee since February 7, 2017, when it had settled at 67.41 against the USD.