Indian stock market fall due to weak rupee
The domestic equity market was weighed down by a record low rupee and weak global markets.
The Indian rupee touched a new low of 72.67 earlier in the day which dampened the domestic investor sentiment. Globally, market sentiments were subdued on concerns that the US might impose further tariffs on Chinese imports.
Among the sector-wise indices, heavy selling activity was witnessed in banking, auto and oil and gas counters.
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