The benchmark BSE Sensex plunged over 325 points and slipped below the 38,000-mark in early trade Monday, in tandem with weak global cues and depreciating rupee.
The rupee depreciated 16 paise to 69.11 against the US dollar in opening trade Monday on month-end demand for the American currency from importers amid a weak opening in domestic equity market.
Benchmark indices opened on a positive note Wednesday on sustained foreign fund inflow ahead of March derivatives expiry.
The rupee opened 18 paise lower at 70.18 against the US dollar Friday on increased demand for the greenback from importers and banks amid lower opening of domestic equities.
The BSE benchmark Sensex Friday started on a negative note tracking weak cues from other Asian markets amid heavy selling by domestic institutional investors and depreciating rupee.
Benchmark indices started on a positive note Thursday tracking gains on banking counters, after the government announced infusion Rs 48,239 crore in 12 public sector banks, buying by foreign and domestic institutional investors, and positive global c
The rupee darted up 9 paise to 71.02 against the US dollar in early trade Thursday amid a reversal in foreign fund outflows even as oil prices hardened.
The BSE benchmark Sensex rallied over 250 points in early trade Wednesday as metal, banking and realty stocks soared amid sustained buying by domestic institutional investors.
The rupee inched up 3 paise to 71.31 against the US dollar in early trade Wednesday even as foreign fund outflows continued amid firming oil prices.