GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
1-min read

Rupee Plunges to Yet Another Record Low, Ends at 71.21 vs US Dollar

A surge in global oil prices, concerns over US-China trade war and contagion risks from Turkey and Argentina are the factors impacting forex market sentiment.

PTI

Updated:September 3, 2018, 5:18 PM IST
facebookTwittergoogleskypewhatsapp
Rupee Plunges to Yet Another Record Low, Ends at 71.21 vs US Dollar
Illustration by Mir Suhail/News18.com
Loading...
Mumbai: The Indian rupee nosedived to a new life-time low of 71.21, shedding 10 paise against the US dollar in late afternoon trade on Monday, tracking weakening trend in emerging market currencies.

A surge in global oil prices, concerns over US-China trade war and contagion risks from Turkey and Argentina are the factors impacting forex market sentiment.

Brent crude oil moved up by 0.57 per cent 78.08 a barrel.

The rupee's previous record low was 71, marked on August 31.

Meanwhile, the BSE Sensex fell over 332.55 points to end at 38,312.52 and the NSE Nifty dipped below the 11,600-level by losing 98.15 points to close at 11,582.35 on Monday on heavy losses in FMCG, realty, power, banking, auto, oil & gas, PSU, IT, teck, infrastructure and capital goods counters amid a global rout in equity markets.

On a net basis, foreign portfolio investors (FPIs) sold shares worth Rs 212.81 crore Friday, as per provisional data.
| Edited by: Sanchari Chatterjee
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Dr Reddys Labs 2,618.75 7.19
Yes Bank 199.00 3.59
Infosys 617.60 -3.71
Reliance 1,111.85 -2.25
TCS 1,807.45 -3.77
Company Price Change %Gain
Infosys 618.65 -3.50
Maruti Suzuki 7,354.75 0.31
TCS 1,809.00 -3.66
Ashok Leyland 110.00 2.52
Yes Bank 199.05 3.38
Top Gainers
Company Price Change %Gain
Dr Reddys Labs 2,618.75 7.19
Yes Bank 199.00 3.59
IOC 143.10 2.91
UPL 781.30 2.91
HPCL 248.00 1.95
Company Price Change %Gain
Yes Bank 199.05 3.38
SBI 288.50 1.93
Axis Bank 623.50 1.74
Adani Ports 360.80 1.88
Sun Pharma 532.55 1.34
Top Losers
Company Price Change %Gain
TCS 1,807.45 -3.77
Infosys 617.60 -3.71
Power Grid Corp 182.90 -2.92
Tech Mahindra 691.50 -2.56
Bajaj Auto 2,602.00 -2.42
Company Price Change %Gain
TCS 1,809.00 -3.66
Infosys 618.65 -3.50
Power Grid Corp 183.70 -2.29
Bajaj Auto 2,601.00 -2.37
Reliance 1,112.20 -2.32

Live TV

Loading...
Loading...