Markets sway wildly as rupee wobbles, sentiment weakens

India’s equity markets swung sharply on Tuesday as a weakening rupee and persistent FII fund outflows hit investor sentiment ahead of key global and domestic cues.

- FPJ News Service

The benchmark BSE Sensex slid 313.70 points to close at 84,587.01, with 24 of its 30 constituents finishing in negative territory. The NSE Nifty declined 74.70 points to end at 25,884.80, slipping back below the 26,000 mark. Since 21 November, the Nifty has fallen by more than 1%, while the Sensex is down 1.2%.