The Indian rupee continued to strengthen for the seventh straight session, closing at 85.67 against the US dollar. Positive domestic equity trends,...
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Maroc - Times of India - India - 13/Jan 21:41
Sensex slumps to 7-month low, mcap falls below $5tn mark
India's market capitalization dropped below $5 trillion for the first time in over seven months due to a sliding market and a weakening rupee. Investor sentiment waned due to strong US jobs data, rising crude oil prices, and global market sell-offs, leading to heavy losses in midcap and smallcap stocks.
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