IST, the barometer index, the S&P BSE Sensex, declined 540.49 points or 0.72% to 74,759.17. The Nifty 50 index shed 172.95 points or 0.76% to 22,622.95.
The Indian rupee on Monday rose by 10 paise to trade at 86.58 against the US dollar in the opening trade.
RBI said it will conduct a longer duration dollar/rupee buy/sell swap to infuse durable liquidity into the banking system ...
India's central bank plans to inject $10 billion via a foreign exchange swap to alleviate a cash crunch in the banking system ...
This comes after rupee pared initial gains and settled 4 paise lower at 86.68 against the US dollar on Friday, weighed down ...