New Delhi, Dec. 16 -- The Indian stock market came under another round of selling pressure during Tuesday's trade, December 16, as both the Nifty 50 and Sensex slipped 0.60% and 0.62%, respectively, to the day's lows. The relentless fall in the Indian rupee and sustained selling pressure by foreign investors continued to weigh on market sentiment.
The lack of domestic triggers is forcing investors to look to global cues, which also remain unsupportive, as resurfacing concerns over AI valuations and rising geopolitical tensions are driving sentiment toward safe-haven assets.
The Indian rupee breached the 91 mark against the US dollar for the first time, falling to another historic low of 91.07.
Domestic brokerage firm Axis Securities ha...
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