Dealers attributed the rupee's fall to increased demand.
Total market capitalisation of BSE listed firms stood at Rs 101.49 lakh crore on March 31.
The surge is a stark turnaround from 2013 when the country's current account gap hit a record high due to outflows on expectations the US Fed would rein in its stimulus programme
Investors should allocate 10 to 15 per cent in their portfolios to gold through sovereign gold bonds.
The US Fed also said that the unemployment rate too would rise to 5.7 per cent.
Month-end dollar demand affected the rupee
The V-shaped rebound has been aided by a gush of liquidity flooding the global financial system, thanks to balance sheet expansion.
The Sensex finally ended down 233 points at 18,541. Nifty ended down 77 points at 5,590.
The broader NSE Nifty dropped by 48.65 points, or 0.45 per cent to 10,808.05 after shuttling between 10,773.55 and 10,833.70.
This is the first hike in about a decade, signaling a recovery.
Top gainers in the Sensex pack included Infosys, Bajaj Finance, Maruti, HUL, HCL Tech and Reliance Industries, while M&M, IndusInd Bank, ITC, PowerGrid and L&T were among the losers. The NSE Nifty settled 190.80 points, or 2.51 per cent, down at 7,801.05.
The view among the regulator and the government is that the currency is overvalued
The 30-share Sensex closed 80 points lower at 21,753 levels while the 50-unit NSE Nifty index was down 38 points at 6486 levels. Benchmarks plunged to their lowest levels since March 06, 2014.
US Federal Reserve Chairper Janet Yellen hinted at raising interest rates sooner than expected, in her first press conference after assuming the top job at US central bank.
December is packed with key economic and political events, both at the domestic and the global level, which will decide how foreign institutional investors (FIIs) fine tune their investment strategies
The 50-share NSE Nifty too lost 34.50 points, or 0.33 at 10,458.35 after shuttling between 10,525.50 and 10,447.15.
Foreign institutional investors (FIIs) are back in droves.
The broader NSE Nifty after recapturing the 9,900-mark advanced to hit a high of 9,947.80, but ended at 9,904.15, up 6.85 points, or 0.07 per cent.
'If an investor is ready to stay put for the next five years, one can consider investing in mid- and small-cap funds, but through SIPs.'
Market breadth ended weak with 1,437 losers and 1,095 gainers on the BSE.
The S&P BSE Sensex dropped 1 points to end at 26,396 and the Nifty50 slipped 2 points to end at 8,109.
The sentiment around Indian equities remains positive and unchanged.
The new Guv needs to focus on structural inflation problems.
Gold has dulled a lot lately but investors could still take a shine to it.
The broader NSE Nifty reclaimed the key 10,100-mark and touched a high of 10,155.65, before finally settling at 10,124.35
'A strong foreign exchange reserve is the best safety net against global spillovers.'
The Sensex and the Nifty touched an intraday high of 19,724 mark and 5,949 levels, respectively. Foreign Institutional Investors also turned buyers during the previous two sessions, exchange data showed.
Over the last few months, the Indian economy has been on nothing short of a roller-coaster ride.
It will have a positive impact on India's trade deficit and GDP growth.
Markets slip further as investor booked profit in financials and index heavyweights ITC and Reliance Industries leading the decline.
This was the biggest single-day gain for Sensex since October 18 when it rose by 467.38 points.
The market rode on US Fed plans to continue the stimulus measures and China's economic reforms.
The biggest gainers on both the bourses were Reliance Industries, Infosys, NTPC, ONGC, HUL, PowerGrid, Asian Paints, ITC and HCL Tech, rising up to 2 per cent.
The US Fed kept its near-zero benchmark interest rate unchanged.
The 30-share Sensex ended down 157 points at 20,666 and the 50-share Nifty ended down 46 points at 6,141.
Markets continued their losing spree for the fourth straight seesion on Friday as investors turned cautious and booked profits.
This could be attributed to the attractive valuation of the Indian equities after the sharp correction during the first quarter of calendar year 2020 and significant depreciation of the Indian rupee against USD, which provided them a rather good entry point.
Everything seems to be falling in place for the new RBI governor but there is a need to prepare for the imminent tapering by the Fed.
Stocks smashed previous records as the Sensex on Thursday raced to close at a fresh high of 30,750 zooming 448 points.
Realty, consumer durables, capital goods lead losses, Broader markets underperform.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances