The BSE benchmark Sensex today fell by a staggering 298.07 points to close at its lowest level in nearly two months, mainly led by drop in interest rate sensitive stocks as rupee slumped to new lows dashing hopes of a rate cut by RBI next week. The 30-share index started the day on a weak note and continued its downward march throughout the day as rupee kept tumbling. It settled 298.07 points lower, or 1.53 per cent, at 19,143, a level last seen on April 22.
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Similarly, the broad-based National Stock Exchange index Nifty plunged below the crucial 5,800 level by falling 89.20 points, or 1.52 per cent, to close at 5,788.80.
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