Sensex drops to over 300 points; Nifty Holds 15,700 – Rupee Hits All-Time Low

Benchmarks for Indian equities opened with declines on Tuesday, tracking weakness in global markets amid rising crude oil prices. BSE Sensex and NSE Nifty50 were trading more than half a percent lower. Asian Paints and Titan led losses on the broader Nifty index while M&M, ONGC and Coal India provided some support. Meanwhile, the Rupee hit a record low of 78.59 against the US Dollar in early trading.

First post: STI

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