Markets Reeling Under Rupee Fall

Domestic stock markets witnessed heavy losses as investor sentiment remained weak. The Sensex plunged more than 800 points, while the Nifty fell over 250 points during trading. Analysts say global economic uncertainty, foreign investor selling, and weakness in the rupee are putting pressure on the markets.

Meanwhile, the Indian rupee also declined sharply against the US dollar. The exchange rate slipped to Rs 96.17 per dollar, raising concerns over higher import costs and economic pressure. Market experts believe continued volatility in global markets may keep investor confidence under stress in the coming days.