Sensex, Nifty hit three-month lows again as rupee sinks to a record — what to watch next
Indian stocks ended lower on Wednesday, extending losses after the benchmarks’ steepest drop in over eight months as global trade and geopolitical worries kept foreign investors cautious. The Nifty 50 fell 0.3% to 25,157.5 and the BSE Sensex eased 0.33% to 81,909.63, with small- and mid-cap indexes down 0.9% and 1.1%; foreign portfolio investors, or overseas funds, have sold $3.23 billion of Indian shares in January. “A wave of global turbulence has washed over domestic equities,” Deven Choksey, managing director at DRChoksey FinServ, said.
