Equity benchmark indices reached record highs in early trade today but failed to sustain their gains, as weak trends from global markets took their toll. At the Bombay Stock Exchange, the Sensex touched an all-time high of 81,588 in initial trading but later retreated, losing 167 points to settle at 81,177. Similarly, the Nifty at the National Stock Exchange slipped 73 points to 24,728 after hitting a fresh peak of 24,855 at the opening bell.
Meanwhile, the rupee experienced limited fluctuations against the US dollar in early trade. The local currency reached an early high of 83.62 rupees and a low of 83.65 rupees against the American greenback.
These developments highlight the volatility within domestic markets as they continue to respond sensitively to global economic trends.
Original Story https://www.newsonair.gov.in/sensex-nifty-decline-after-hitting-fresh-record-high-levels-in-opening-trade/
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