The 30-share BSE Sensex closed 224.33 points lower at 37,644.90, on Monday, while the Nifty 50 ended 73.75 points down at 11,355.75 as global markets came under pressure amid continued turmoil in Turkish lira and ahead of key CPI inflation data at home.
ALSO READ: How does the falling rupee impact you? Read here
The Indian rupee slumped to a fresh record low against the US dollar as emerging-market currencies weakened. The rupee opened at 69.49 and touched a record low of 69.75 a dollar.