Woes continue, Re breaches 64 mark
22 Aug 2013 11:52 PM GMT
The market scenario did not change much on Wednesday, with the rupee registering a fall of 86 paise to plunge below the 64-mark to historic low of 64.11 against the greenback. The BSE benchmark Sensex moved in sync with domestic currency and fell by 340 points, dipping below 18,000 mark after a gap of nearly one year.
The 50-share Nifty managed to end just above the 5,300 mark, after falling 99 points. Fear of US Federal Reserve report that may give details of its stimulus policy and persistent dollar demand from importers, and continued capital outflows added fuel to the fire.
The 50-share Nifty managed to end just above the 5,300 mark, after falling 99 points. Fear of US Federal Reserve report that may give details of its stimulus policy and persistent dollar demand from importers, and continued capital outflows added fuel to the fire.
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