Don’t miss the latest developments in business and finance.

Sensex falls; Nifty ends below 8,000 points

Image
Reuters
Last Updated : Nov 24 2016 | 4:23 PM IST

REUTERS - Indian shares reversed two sessions of gains to end lower on Thursday as the rupee fell to a record low, denting sentiment at a time when investors were already worried about how demonetisation would affect economic growth.

The broader NSE Nifty fell 0.84 percent to end at 7,965.50 - only the second time this month that the index closed below the 8,000-point mark.

The benchmark BSE Sensex ended 0.74 percent down at 25,860.17

The rupee hit a record low of 68.8650 per dollar, surpassing its previous low of 68.85, but rebounded to 68.7250 in afternoon trade.

(Reporting by Arnab Paul in Bengaluru; Editing by Sunil Nair)

Also Read

First Published: Nov 24 2016 | 4:07 PM IST

Next Story