Rupee gains, closes at 86.9 as RBI intervenes
February 12, 2025
|The New Indian Express Sambalpur
Benchmark indices BSE Sensex and NSE Nifty50 plunged by nearly 1.3% each
DOMESTIC equity market extended its losing streak for the fifth consecutive session on Tuesday. Benchmark indices, the BSE Sensex and NSE Nifty50, plunged by over 1.3% each.
The ongoing bearish trend has wiped out a staggering ₹19 lakh crore in just five sessions, driven by escalating global trade tensions. The latest trigger was US President Donald Trump's decision to impose a 25% tariff on steel and aluminum imports. Additionally, the continuous outflow of foreign institutional investors (FIIs), the weakening rupee, and disappointing corporate earnings have exacerbated the market's downturn.
Sensex tumbled as much as 1,018.20 points, or 1.32%, to settle at 76,293.60 on Tuesday. In the past five sessions, the 30-share index has shed 2,290 points. The NSE Nifty50 fell 309.80 points, or 1.32%, to close at 23,071.80. On Tuesday, investors lost ₹9 lakh crore as the market capitalization of all BSE-listed firms came down to ₹409.26 lakh crore from ₹418.56 crore in the previous session.
هذه القصة من طبعة February 12, 2025 من The New Indian Express Sambalpur.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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المزيد من القصص من The New Indian Express Sambalpur
The New Indian Express Sambalpur
CENTRAL CONTROL, DEVOLVED DUTY
THE repeal of the Mahatma Gandhi National Rural Employment Guarantee Act by Prime Minister Narendra Modi's NDA government and its replacement with the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission Gramin (GRAM G) Act is not merely a policy change.
3 mins
January 01, 2026
The New Indian Express Sambalpur
Nimesulide oral doses above 100 mg banned over safety concern
THE Centre has banned the manufacture, sale, and distribution of all oral formulations containing the painkiller nimesulide above 100 mg in immediate-release dosage form, citing risks to human health.
1 min
January 01, 2026
The New Indian Express Sambalpur
Cong says China’s war mediation claim concerning, seeks PM reply
AS controversy rages on about US President Donald Trump’s claim that his administration had a role in securing a ceasefire between India and Pakistan after days of military conflict, Chinese Foreign Minister Wang Yi’s recent statement about Beijing also stepping in to defuse tensions has triggered Opposition ire.
2 mins
January 01, 2026
The New Indian Express Sambalpur
Multiple deaths from contaminated water in India's cleanest city, Indore
FOUR years after being declared India’s first Water Plus city, the country’s cleanest city, Indore, is witnessing deaths due to contaminated water supply in the congested Bhagirathpura locality.
1 mins
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The New Indian Express Sambalpur
After Pinaka, DRDO conducts launch of two Pralay missiles
THE DRDO on Wednesday successfully conducted a salvo launch of two Pralay missiles in quick succession from the same launcher.
1 mins
January 01, 2026
The New Indian Express Sambalpur
In a first, Indian Army's Animal Contingent to march on Republic Day
IN a first, a carefully curated animal contingent of the Remount & Veterinary Corps (RVC) of the Indian Army will be showcased in the Republic Day march on January 26, highlighting the critical role played by animals in safeguarding the nation’s most challenging frontiers.
1 min
January 01, 2026
The New Indian Express Sambalpur
Sharply confrontational political landscape in '26 likely
POLICY AND POLITICS
2 mins
January 01, 2026
The New Indian Express Sambalpur
Census, SIR & empirical statistical portrait of India
INDIA'S democracy and development rest on an unglamorous but decisive foundation: counting that brings power to society and accuracy to governance.
1 mins
January 01, 2026
The New Indian Express Sambalpur
Pak trying hard to destabilise Punjab: DGP
FOLLOWING Operation Sindoor, Pakistan is waging a proxy war by projecting Punjab as a highly destabilised state and sending arms and ammunition through drones, Punjab DGP Gaurav Yadav said on Wednesday, adding that the state government has sought 175 crore from the Centre to procure 17 anti-drone systems in the next financial year.
2 mins
January 01, 2026
The New Indian Express Sambalpur
Vietnam war reporter, Pulitzer winner Peter Arnett dies at 91
PETER Arnett, the Pulitzer Prizewinning reporter who spent decades dodging bullets and bombs to bring the world eyewitness accounts of war from the rice paddies of Vietnam to the deserts of Iraq, has died.
1 min
December 19, 2025
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