The overall market capitalisation of firms listed on the BSE plunged to nearly ₹457.3 lakh crore from nearly ₹463.3 lakh crore in the previous session, making investors poorer by about ₹6 lakh crore in a day.
The rupee fell below 84 against the dollar for the first time; the Nifty dropped below 25,000 for the third straight day at 24,964.; the Sensex ended the day at 81,381.
Despite the formation of a black candle on the daily chart, the index managed to close just above the previous day’s level, suggesting a potential consolidation phase.
The Nifty closed the session with a gain of 0.07%, finishing below the 25,000 mark at 24,998; the Sensex wrapped up the day with a 0.18% gain, settling at 81,611.