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Sunday, July 7, 2013

SENSEX nose dives ~250 points | INR in doldrums

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Major Indian stock indices including the BSE's SENSEX and NSE's NIFTY as witnessing heavy selling pressure today as Indian economy is in doldrums with INR touching 61.09 per dollar mark. Investor sentiments are at lowest level as policy makers have failed in checking consistent rupee fall, thus raising eyebrows about so-called economic acumen of Indian triology - 'MMS-Montek-PC' failing in economic turbulence.

The 30 component most watched BSE's SENSEX is down by nearly 250 points today and is currently at 19251.06 pts, down by 243 points currently. Broader index NIFTY is down by 76.60 points at 5,791.30.

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