Suspense Crime Sach Ka Dam
The trend of decline in the stock market continued on Wednesday as well. The benchmark Sensex of Bombay Stock Exchange (BSE) closed at the level of 80,182.20 on December 18 with a massive fall of 502.25 points. Similarly, the Nifty of National Stock Exchange (NSE) also closed at the level of 24,198.85 with a massive fall of 137.15 points. Along with this, Nifty Bank also closed at the level of 52139.55, falling by 695.25 points.
Movement in these stocks
During today’s trading, all the indices except pharma closed in the red. Auto, energy, PSU banks, media, realty saw a decline of 0.5-2 percent. Trent, Dr. Reddy’s Labs, Cipla, Wipro and Reliance Industries were the top gainers on the Nifty, while Tata Motors, Bharat Electronics, Power Grid Corp, JSW Steel and NTPC registered a decline. Apart from this, BSE midcap and smallcap indices declined by about one percent each.
Indian blue-chip equity indices fell on Wednesday, continuing the downtrend from the previous session, as investors awaited the Federal Reserve’s last monetary policy decision of the year. Banking, auto and energy stocks dragged the indices down during trading.
Rupee weakened by 3 paise
The rupee fell 3 paise to an all-time low of 84.94 (provisional) against the US dollar on Wednesday as traders awaited cues from the US Fed on the interest rate front. Forex traders said dollar demand from importers as well as foreign banks, foreign fund outflows and sluggish trend in domestic equities further weighed on investor sentiment, PTI reported.
At the interbank foreign exchange, the rupee opened at 84.92 against the dollar and touched 84.95 during intra-day trade. It finally closed at an all-time low of 84.94 (provisional), down 3 paise. Earlier on Tuesday, the rupee had closed at its all-time low of 84.91 against the US dollar.
