Benchmark indices slide as currency weakness spooks investors

Indian markets slipped as a record low rupee, foreign outflows, and weak global cues dragged Sensex and Nifty lower amid cautious investor sentiment.

negative
Recently

Benchmark indices slide as currency weakness spooks investors

1 min read71 words
Benchmark indices slide as currency weakness spooks investors
Indian markets slipped as a record low rupee, foreign outflows, and weak global cues dragged Sensex and Nifty lower amid cautious investor sentiment.
Indian equity benchmarks fell sharply as the Sensex dropped over 350 points and the Nifty slipped near 25,150. A record low rupee against the dollar, sustained foreign fund outflows, and weak global cues hurt sentiment. Banking and metal stocks led declines. Investors remained cautious ahead of global macro signals, currency moves, and key domestic earnings announcements.Nifty fell 1.4% and Sensex dropped 1.3%, their sharpest daily decline in over eight months.
Sentinel