The Sensex, which had surged more than 600 points in morning trade, retreated sharply to close at 75,196.74, down 121.65 points or 0.16%, while the Nifty settled at 23,657.50, marginally lower by 1.50 points. The rupee’s slide to a record low near 97 against the US dollar heightened investor caution, with reports suggesting the RBI may consider tightening measures to stabilize the currency.
About The Author
