At the forex market, the rupee continued its fall, and had slumped to a nearly 9-month low, depreciating 19 paise, to 68.44 against the dollar in afternoon trade. The rupee fell on heavy dollar demand from importers, continued foreign fund outflows, and a stronger dollar in the overseas markets.At the stock markets, though, the Sensex at the Bombay Stock Exchange opened weak; it added a modest 66 points, or 0.3 percent, to 26,027 a shortwhile ago. The Nifty at the National Stock Exchange jumped 24 points, to 8,026.
News On AIR | November 23, 2016 2:15 PM
Rupee weakens by 19 paise to a near 9-month low