Stock markets continue to be in red; Sensex tanks 420 points, Nifty settles at 22,045 in early trade

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Stock markets continue to be in red; Sensex tanks 420 points, Nifty settles at 22,045 in early trade


Image Source : INDIA TV/REPRESENTATIVE Stock markets replace – March 19

Stock markets: The fairness benchmark indices continue to be in unfavourable due to weak world cues and rising crude oil costs. In the early trade, the 30-share BSE Sensex declined 314.56 factors to 72,782.72. Meanwhile, the NSE Nifty dropped 101.65 factors to 22,045.

From the Sensex basket, Tata Consultancy Services, Nestle, Bajaj Finserv, Wipro, Maruti Suzuki India, Reliance Industries, Larsen & Toubro and NTPC have been the foremost laggards. Tata Steel, Bajaj Finance, JSW Steel and Bharti Airtel have been among the many gainers. In Asian markets, Seoul, Tokyo, Shanghai, and Hong Kong have been quoting low. 

Rupee towards greenback 

The rupee declined 5 paise at 82.95 towards the US greenback on Tuesday due to agency crude oil costs and overseas fund outflows. At the interbank overseas change market, the rupee opened at 82.94 to a greenback, down 4 paise over the earlier shut of 82.90.

The native foreign money moved in a good vary of 82.93 to 82.95 to a greenback in early offers. The rupee traded at 82.95, down 5 paise, towards the US greenback at 9.15 am.

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