Mumbai: Today the first trading day of the week, the domestic stock market dominated the selling. The Bombay Stock Exchange (BSE) major sensitive index Sensex fell by 811.68 points to settle at 38034.14, down by a massive 2.09 per cent. The National Stock Exchange (NSE) major index Nifty fell 2.46 per cent (282.75 points) to close at the level of 11222.20.
In the absence of any significant signal from international and domestic markets, trading started with a cautious stance in the major stock indices Sensex and Nifty. The rupee strengthened seven paise to close at 73.38 (provisional) against the US dollar on Monday, despite a fall in the domestic stock market. In the interbank foreign exchange market, the local currency opened at 73.43 against the US dollar and closed at 73.38 against the dollar at the end of the day's trading, showing a growth of seven paise over the previous closing price.
Earlier on Friday, the rupee closed at 73.45 against the US dollar. In day trading, the local currency touched a high of 73.26 against the US dollar and went to a low of 73.50. Meanwhile, the dollar index, showing the position of the US dollar against six major currencies, rose 0.29 per cent to 93.19.
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