Comments
The Finance Ministry today attributed the fall in domestic equities to turmoil in global economy and said the government is taking measures to address the challenges.
“Global economy is in turmoil, markets are down. We know the challenges and are taking necessary measures,” Economic Affairs Secretary Shaktikanta Das tweeted.
Equities have remained depressed on persistent global headwinds. Market benchmark Sensex today witnessed selling pressure and declined to a 52-week low of 23,743.79.
In addition, weakness in the rupee against the American currency too weighed on the sentiment. The rupee was lower by 8 paise at 67.98 against dollar in late morning trade.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.