.: Market loses over $100 bn, experts' opinion on rupee fall & other stories

Wednesday 21 August 2013

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	Dated:21 August,2013

Top Headlines

Wiping off initial gains, the BSE benchmark Sensex today dipped below 18,000 level after a gap of nearly one year and closed with a 340-point loss.

Suyash Choudhary, head of Fixed Income, IDFC, says: "I think it is the lack of dollar supply than anything else to blame."

In the US dollar terms, the total market capitalisation has fallen from $1,025 billion to little over $900 billion in the past four days.

Views on Stocks/Markets

IPO/Global Markets

Rupee / Gold

More 'Market' News

Market nosedives: 193 stocks hit 52-week low on BSE
Stocks like ACC, Ambuja Cements, Larsen & Toubro, and UltraTech Cements were among the stocks that touched their 52-week on the NSE Index.

Rupee could touch 70/dollar in a month: Deutsche Bank
The rupee could touch 70 level against the US dollar in a month's time, although some revival of the currency is expected by the end of the year.

Banks that are likely to benefit most from RBI measures
Yes Bank (14.46%), IndusInd Bank (11.22%), PNB (6.79%), Axis Bank (6.37%) and HDFC Bank (5.51%) were the top gainers on CNX Bank.

Market Round-up

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