Rupee under Pressure, Sensex Nifty Broke Down

Rupee is going through a high pressure after dropping to the lowest of last 28 months. With the loss of 27 paise against the Dollar, Rupee touched the level of 67.50 today. 

After a nice opening in the morning, stock market broke down all of a sudden during the after noon. Sensex is at 24480.34, after dropping by 292.63 points and Nifty is at 7441.15 after losing 95.65 points. Realty Sector is facing the loss of 1.40%, Auto Sector is having loss of 0.5%, IT Sector having gain of 0.57% and NSE Energy Sector rose up by 0.68%.

Big Fall in Indian Crude Oil Basket

Due to the big drop in Crude oil, Indian Crude Basket is also moving down. Indian Crude basket broke to the lowest of last 12 years and it's currently at 28.73 Dollar/Barrel. 

On Tuesday trading market, Rupee opened at 66.83 with the loss of 2 paise against the Dollar. In Index Market, Both Sensex and Nifty are moving under the red sign. Sensex live at 24663.22 with the loss of 161.82 points and Nifty live at 7507.50 with the loss of 56.35 points. 

Pharma Sector is moving up with the hike of 0.50%. In Nse, Realty Sector broke down by 1.59%, PSU Bank Sector broke down by 1.70% and Metal Sector broke down by 1%. 

In MCX Commodity Market, Gold Live at 25885.00 with the hike of 15 points and Silver Live at 33590 with the loss of 74 points.

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