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Fairness benchmarks fell on Thursday, in keeping with Asian friends, whereas the rupee hit a document low after the US Federal Reserve raised rates of interest and indicated extra hikes than markets had anticipated.
The NSE Nifty 50 index fell 0.53 per cent at 17,624, whereas the S&P BSE Sensex slipped 0.51 per cent to 59,150 in early commerce.
The Indian rupee hit a document low of 80.45 towards the US greenback.
The Fed elevated charges by 75 foundation factors on Wednesday—the third such rise in a row—and signalled that it could proceed to lift borrowing prices to combat inflation.
The RBI is because of meet subsequent week to resolve by itself path for financial coverage.
Shares of finances provider SpiceJet Ltd fell 4 per cent after the air security watchdog on Wednesday mentioned it was extending a restriction on flight departures till October 29.
Revealed on
September 22, 2022
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