Today the first day of the trading week closed with a fall in the stock market. On Monday, the 30-share sensitive index Sensex of the Bombay Stock Exchange closed at 40,145 with a loss of 540 points. At the same time, the Nifty stopped trading at the level of 1,767.75, down 162.60 points. During the day the market was very bad. At one time, the Sensex had fallen below 40000. Today’s low level of SENSEX was 39,948.29. On the other hand, if we talk about Nifty, at one time it had come down to 11,711.70.
All sectoral index fires
Nifty Bank 1.65, Auto 3.22, Financial Services 1.05, FMCG 0.03, IT 1.20, Media 2.74, Metal 3.50, Pharma 1.47, PSU Bank 1.19, Private Bank
The realty index closed down 1.89 percent and 1.89 percent lower. Reliance Industries shares saw a decline of 3.97 per cent on the eclipse of Reliance Retail’s deal with Future Group. RIL’s stock closed at 2028.70.
Rupee falls 23 paise to close at 73.84 against US dollar
The rupee fell 23 paise to 73.84 per dollar in the interbanking currency market on Monday under pressure of the dollar strengthening in the basket of other major currencies of the world and the domestic stock market remaining in the red mark. The exchange rate of the rupee at the time of market closing was 73.84 (provisional) per dollar, indicating a decrease of 23 paise in the rupee rate against Friday. On Monday, the rupee opened marginally at 73.77 in the interbank foreign exchange market. The Indian currency further softened during trading. The exchange rate at the time of market closing was Rs 73.84 per dollar (provisional). This shows a fall of 23 paise in the rupee from the previous close. The dollar had closed at Rs 73.61 on Friday. The exchange rate continued to decrease between 73.69–73.88 during trading. The dollar index increased by 0.25 percentage points to 93.00, indicating a rise in the dollar against major currencies.
The stock market today started trading with a red mark. On Monday, the 30-share sensitive index Sensex of the Bombay Stock Exchange opened with a loss of 35 points at 40,649.76. The Nifty of the National Stock Exchange also started with a red mark. The Nifty opened at 11,937.40 today.