The RBI sold at least $5 billion in onshore and offshore markets this month to curb rupee volatility, as it neared a record low amid higher US tariffs and inflation risks.
Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?
Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII