Views of founder and CIO of Bay Capital, Siddharth Mehta on the fall of the sensex

submitted 12 months ago by sarikaanand to news

In India, the rupee fell 60 paise to a new 17-month low of 74.28 against the US currency due to strong dollar demand and capital outflows. Foreign portfolio investors have sold stocks worth over Rs 13,500 crore in the last two sessions.