The rupee depreciated 4 paisa, to close at 84.11/$1, versus its previous close of 84.07 per dollar, LSEG data showed. Likely interventions by the Reserve Bank of India (RBI) helped prevent a sharper decline. However, the RBI was not very aggressive in its dollar sales on Monday, traders said.
These 10 stocks tumble more than 50% from their 52-week highs
Nearly 40 stocks in the Nifty 500 have plummeted over 50% from their 52-week highs, with names like Sterling & Wilson, Raymond Lifestyle, and OLA