The Sensex on Tuesday slipped from the day's highs and
closed 119 points higher, even as the
rupee fell to a new low.
The 30-scrip index of the Bombay Stock Exchange, which opened lower at 15,995.69 points, closed at 16,065.42 points, up 119.32 points, or 0.75 per cent, from its previous close at 15,946.1 points.
HOW THE MARKETS FARED The 50-scrip S&P CNX Nifty of the National Stock Exchange also ended in the positive, 34 points, or 0.71 per cent, higher at 4,812.35 points.
The value of the Indian rupee fell to a record low of 52.73 to a dollar on Tuesday morning as demand for the greenback by oil companies and investors rose sharply.
EXPERT TIP: How to use stock market volatility to build strong portfolio Broader markets also ended higher with the BSE midcap index closing 0.55 per cent up. IT, metals and auto stocks were among the major gainers, while consumer durables and FMCG scrips saw selling.
- With inputs from IANSDisclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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