
OxyzenFin
February 10, 2025 at 11:25 AM
The Indian rupee fell 0.2% to 87.59 per U.S. dollar, hitting record lows amid U.S. trade tariff concerns, with the RBI likely intervening.
The 10-year bond yield edged up to 6.7142% as traders stayed cautious post the central bank’s policy decision.
Why the market fell today?
Trump’s tariff warning hits sentiment
Rate cut hopes fade
Persistent FII selling
Rupee at record low
Highlights of trade:
Volatility index, India VIX rises over 5%
Nifty Metal drops 2%
*Closing Bell: Sensex extends losses to 4th day, falls 548 pts, Nifty below 23,400;*