Due to heavy selling in the domestic stock markets and the softening of Asian currencies, the rupee fell 67 paise in early trade on Friday. As a result, the rupee is worth less than $ 73. The rupee has appreciated to 72.43 per dollar. In the basket of six major international currencies, the dollar index rose 0.25 percent to 90.35.
Stock market: The stock market opens with a huge downturn, the Sensex slips by 700 points
Reliance Securities said in a research note that most Asian currencies opened on Friday morning. This may pressure the perception of domestic currency. On the domestic stock market, the 30-share BSE benchmark Sensex fell by 842.09 points to 50,197.22 points. Similarly, the NSE Nifty declined 217.35 points to 14,880.
Foreign Investment Investors (FPIs) remain net buyers in the capital market. He raised Rs 188.08 crore on Thursday. Meanwhile, the global oil standard, Brent crude, fell 0.65% to $ 65.70 a barrel.
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