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Monday, June 10, 2013

Indian stock indices cry as rupee hits record low

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Benchmark Indian stock indices including the 30 component BSE's SENSEX and National Stock Exchange's NIFTY index are down as INR hit record low of 58.64 per USD today.

National stock Exchange's NIFTY fell below the crucial 5800 mark as investors took money out of markets in order to cover future dollar needs. The 50 component index is currently at 5,785.10 , down by 91 points. whereas Bombay Stock Exchange's SENSEX is down by 288.65 points at 19150.25 . Indian stock markets shall remain in red throughout the day today. At Nifty there are currently 9 advances and 41 declines. At SENSEX there are 6 advances and 24 declines currently.

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