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Mkts fall for 3rd day in row amid depreciating Re
The Morning Standard
|December 04, 2025
DESPITE blockbuster Q2FY26 GDP data fuelling hopes of bull run in the equity markets, BSE Sensex and NSE Nifty tumbled into the red for the third straight session on Wednesday as a sharp fall in rupee value has spooked sentiments.
Beating estimates by a significant margin, official data released on Friday showed that India’s economy grew at a six-quarter high of 8.2% in the July-September quarter compared to 7.8% in the previous quarter. Since the announcement, the benchmark indices have plummeted about 1% each, while the rupee hit a record low of 90.
The Sensex, after hitting a low of 84,763.64 in intraday deals, declined 31.46 points or 0.04% to settle at 85,106.81 on Wednesday. The Nifty 50 index fell 46.20 points or 0.18% to settle at 25,986. It hit an intraday low of 25,891 on Wednesday.
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