Sensex plunges 467.65 points to 37,922.17; Nifty50 at 11,438.10 on rupee woes

Sensex, ONGC, Rs 44,928 crore, market capitalisation,

The BSE Sensex closed 467.65 points lower on Monday at 37,922.17, while the Nifty50 ended 151 points down at 11,438.10, on a widening current account deficit, reaction to global cues and falling rupee.

ALSO READ: Your Business Planner This Week (Sept 10 – Sept 15)

The rupee touched a fresh record low of 72.67 against the dollar after the current account deficit widened to a four-quarter high due to rising crude oil prices. Global stocks were also hit by rising anxiety about the US-China trade war.

Click here for Latest News updates and viral videos on our AI-powered smart news genie

LEAVE A REPLY

Please enter your comment!
Please enter your name here