Sensex closed at 58,099, down 1021 points, gold-silver decreased; Rupee hits all-time low against dollar Sensex closed at 58,099, down 1021 points, gold-silver decreased; Rupee hits all-time low against dollar | NewsBust Sensex closed at 58,099, down 1021 points, gold-silver decreased; Rupee hits all-time low against dollar Sensex closed at 58,099, down 1021 points, gold-silver decreased; Rupee hits all-time low against dollar | NewsBust

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Sensex closed at 58,099, down 1021 points, gold-silver decreased; Rupee hits all-time low against dollar Sensex closed at 58,099, down 1021 points, gold-silver decreased; Rupee hits all-time low against dollar

By Amit - September 23, 2022

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  • Sensex Closed At 58,099, Down 1021 Points, Gold silver Decreased; Rupee Hits All time Low Against Dollar

Mumbai27 minutes ago

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For the third consecutive day in the Indian stock market, there was a huge fall on Friday (23 September). The Sensex closed at 58,099, down 1021 points. Nifty fell 302 points to 17,327 level. Out of 30 Sensex stocks, 27 stocks declined.

Loss of Rs 6.8 lakh crore in three days
The biggest fall was seen in the stock of government banks. Stocks of PNB and Canara Bank closed with losses of over 5%. According to exchange data, the market capitalization of companies listed on the BSE declined to Rs 276.6 lakh crore. That is, investors lost Rs 6.8 lakh crore in three days.

Expert advice to wait till stability comes
Vinod Nair, Head of Research, Geojit Financial Services, said, “Global growth engines are in a slowdown due to aggressive monetary policy of central banks. However, India is currently in a better position with credit growth and a pick-up in tax collections. Investors are advised to wait till there is some stability.

Gold and silver shine, rupee slips
On the other hand, when it comes to gold and silver, there was a decline in both. Gold fell by Rs 462 and silver by Rs 1243. Talking about the rupee, the rupee today reached its all-time low against the dollar. It closed at Rs 80.98, weakening by 0.19 paise today.

There is more news…

Amit

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