Press Esc to close
Sunday 21 September 2014
News updated at 8:24 AM IST
Weather
Max: 27.1°C
Min : 20.1°C
In Bangalore
Sunny day

Sensex down 286 points on weak rupee

Mumbai, Jul 3, 2013, DHN S:

Key benchmark indices edged lower for the second straight day as weakness in rupee, which fell below 60 a dollar, on the back of weakness in global stocks hitting investor sentiment adversely.

The BSE Sensex lost 286.06 points or 1.47 per cent to settle at 19,177.76 while the 50-unit CNX Nifty at NSE lost 86.65 points or 1.48 per cent to settle at 5,770.90.

Further, the weakness in the rupee and rising crude oil prices also weighed on market sentiment, with bank shares leading the decline after the RBI mooted extra provisioning and capital requirement for banks' exposure to companies with unhedged forex exchange positions. ICICI Bank, SBI, HDFC Bank slipped between 1 - 4.6 per cent each while mortgage lender HDFC close 2.7 per cent lower.

During the day, metal stocks edged lower on weak Chinese economic data with steel shares leading the decline in metal stocks.


Go to Top

Photo Gallery
Amitabh Bachchan attends a “Kaun Banega Crorepati” event in Mumbai ...

Amitabh Bachchan attends a “Kaun Banega Crorepati” event in Mumbai ...

Gold medal winner India's Jitu Rai poses at the medal ceremony of Men's 50M Pistol shooting ...

Gold medal winner India's Jitu Rai poses at the medal ceremony of Men's 50M Pistol shooting ...

India's Heena Sindhu  during 10M Air Pistol Women's team qualification shooting ...

India's Heena Sindhu during 10M Air Pistol Women's team qualification shooting ...

Dalai Lama during inaugural speech at two-day meeting of Diverse Spiritual Traditions of India ...

Dalai Lama during inaugural speech at two-day meeting of Diverse Spiritual Traditions of India ...

John Abraham along with Spanish football player Joan Capdevila during a press conference in ...

John Abraham along with Spanish football player Joan Capdevila during a press conference in ...

India's badminton player P V Sindhu play a shot against Thailand's Buranaprasertsuk ...

India's badminton player P V Sindhu play a shot against Thailand's Buranaprasertsuk ...

ITC Chairman Y C Deveshwar meets Prime Minister Narendra Modi to hand over a cheque for  ...

ITC Chairman Y C Deveshwar meets Prime Minister Narendra Modi to hand over a cheque for ...

India's P C Thulasi plays a shot during the Quaterfinal match of women's singles badminton ...

India's P C Thulasi plays a shot during the Quaterfinal match of women's singles badminton ...

Two stray dogs on a pipe in a flooded locality on the outskirts of Srinagar ...

Two stray dogs on a pipe in a flooded locality on the outskirts of Srinagar ...

Bollywood actor Farhan Akhtar at the launch of Coca Cola Zero in New Delhi ...

Bollywood actor Farhan Akhtar at the launch of Coca Cola Zero in New Delhi ...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523