Search For "48 paise"
Stock market witnesses selling pressure, Nifty slips below 25,700 mark
Updated : 4 months ago IST
At the time of market closing, Sensex was 188 points, or 0.23%, higher at 83,570.35. On the other hand, Nifty 50 settled at 25,694.35, up 29 points, or 0.11%. Rupee weakened sharply by 48 paise to 90.82 extending losses.
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Rupee depreciates 48 p to close at 81.26 versus dollar
Updated : 3 years, 6 months ago IST
Forex traders said the sharp fall in the rupee after a promising start on Monday was due to a large part of India Inc purchasing dollars. Dollar demand from corporates increased, with cautionary words on US inflation from a Federal Reserve official keeping the greenback firm.
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