Dollar Advisory Morning Update : Sensex Falls 500 Points, Nifty Below 10400

The BSE Sensex opened at 34,584.13, and hit a low of 34,458.56, down 501.16 points. The Nifty 50 opened at 10,350.05, and fell 153.35 points to a low of 10,335.10. The Indian rupee (INR) fell sharply against the US dollar (USD) today after the shock exit of RBI governor Urjit Patel, who announced his resignation on Monday. The rupee was trading at 72.46 against the US dollar, down 1.5%, as compared to yesterday’s close of 71.32. The 10-year government bond yield rose to 7.71%. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961