Press Esc to close
Friday 20 January 2017
News updated at 1:01 PM IST
Weather
Max: 27.6°C
Min : 15.8°C
In Bengaluru
Partially cloudy

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
Bollywood actress Soha Ali Khan taking selfie with the newly launched Samsung C9 Pro mobile...

Bollywood actress Soha Ali Khan taking selfie with the newly launched Samsung C9 Pro mobile...

Camel-mounted BSF soldiers participate in rehearsal for the Beating Retreat ceremony...

Camel-mounted BSF soldiers participate in rehearsal for the Beating Retreat ceremony...

Students form a human chain to display VOTE at an awareness campaign Jalandhar...

Students form a human chain to display VOTE at an awareness campaign Jalandhar...

Children holding national flags as they ride on a modified motorcycle ahead of the Republic...

Children holding national flags as they ride on a modified motorcycle ahead of the Republic...

Workers busy installing flower pots as part of the Republic Day Flower show at Glass House...

Workers busy installing flower pots as part of the Republic Day Flower show at Glass House...

Workers busy installing flower pots to make Peacock shape as part of the Republic Day Flower show...

Workers busy installing flower pots to make Peacock shape as part of the Republic Day Flower show...

The final touch work is going in full swing at as part of the Republic Day Flower show at Glass...

The final touch work is going in full swing at as part of the Republic Day Flower show at Glass...

Jagjot Singh Rubal, an Indian artist, gives final touches to a portrait...

Jagjot Singh Rubal, an Indian artist, gives final touches to a portrait...

Members of Hindu Sena, a right-wing Hindu group, place a garland on an poster...

Members of Hindu Sena, a right-wing Hindu group, place a garland on an poster...

PWD labourers paint the statue of Netaji Subhash Chandra Bose at Shymabazar in Kolkata...

PWD labourers paint the statue of Netaji Subhash Chandra Bose at Shymabazar in Kolkata...

Like us on Facebook

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