Press Esc to close
Monday 24 April 2017
News updated at 8:10 PM IST

Sensex down 286 points on weak rupee

Mumbai, Jul 3, 2013, DHN S: 22:35 IST
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
Cricketer Sachin Tendulkar being greeted by his fans on his 44th birthday at his residence in Mumbai

Cricketer Sachin Tendulkar being greeted by his fans on his 44th birthday at his residence in Mumbai

Girl students pelt stones at security personnel during clashes in the vicinity of Lal Chowk in ...

Girl students pelt stones at security personnel during clashes in the vicinity of Lal Chowk in ...

College girls shout slogans at a protest against the recent police action on students, in Srinagar..

College girls shout slogans at a protest against the recent police action on students, in Srinagar..

Potato farmers holding a protest over their various demands including proper cold storage ...

Potato farmers holding a protest over their various demands including proper cold storage ...

A man holds his head in despair after grains got drenched in rains at a market in Bikaner on ...

A man holds his head in despair after grains got drenched in rains at a market in Bikaner on ...

Woakes jubiliate with his teammates after the dismissal of Stuart Binny

Woakes jubiliate with his teammates after the dismissal of Stuart Binny

Chahal celebrates with Jadhav after the dismissal of Pathan

Chahal celebrates with Jadhav after the dismissal of Pathan

Virat Kohli celebrates with bowler S Badree after dismissal of Robin Uthappa

Virat Kohli celebrates with bowler S Badree after dismissal of Robin Uthappa

Hasim Amla plays a shot during the IPL 2017 match against Gujarat Lions

Hasim Amla plays a shot during the IPL 2017 match against Gujarat Lions

Floral chariots part of a procession during the annual 'Ulsoor flower Pallakki Festival'

Floral chariots part of a procession during the annual 'Ulsoor flower Pallakki Festival'

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.