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Rupee gains, closes at 86.9 as RBI intervenes
The New Indian Express Kozhikode
|February 12, 2025
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.
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The New Indian Express Kozhikode
Kerala's NBFCs now hold more gold than the UK
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The New Indian Express Kozhikode
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2 mins
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The New Indian Express Kozhikode
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1 mins
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The New Indian Express Kozhikode
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The New Indian Express Kozhikode
NMC told to make sure same stipend for interns in govt, pvt med colleges
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1 mins
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The New Indian Express Kozhikode
No one in country believes AI crash in Ahmedabad due to pilot’s fault: SC
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1 min
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The New Indian Express Kozhikode
SHEIKH HASINA KEEN ON FIGHTING INCLUSIVE POLLS
AFTER 15 months of her stay in an undisclosed location in India, exiled former Bangladesh prime minister Sheikh Hasina has finally spoken her mind in an exclusive email interview. For the first time, she accepts “leadership responsibility” for the killing of citizens during the mass protest against her government from July 15 to August 5, 2024. Here’s the full text of the interview:
2 mins
November 08, 2025
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