Indian stock index: Rupee at an all-time low of 80 against the US dollar | business – Times of India Videos

July 19, 2022, 02:10 PM ISTSource: ANI

After two consecutive days of gains, Indian stock indices fell marginally in early trade on Tuesday, weighed down by the continuous depreciation of the rupee. The rupee on Tuesday hit another all-time low and touched a key psychological level of 80 against the US dollar. At 9.40 am, the Sensex was down 131.36 points or 0.24 per cent at 54,389.79, while the Nifty was down 25.55 points or 0.16 per cent at 16,252.95. Data from the National Stock Exchange shows that 29 of the Nifty 50 stocks were in the green and the rest in the red. The continuous depreciation of the rupee has had an impact on domestic stocks. Rupee depreciation is generally negative for foreign investors.