Nifty, Sensex continue to decline; recovery halted by FPIs selling, Rupee hits new low
Mumbai (Maharashtra) [India], December 20 (ANI): Indian stock markets continued to remain weak on Friday and opened flat as FIIs and the depreciating Indian rupee exerted pressure.
The Nifty 50 index opened flat at 23,960.70 points with a gain of only 9 points, while the BSE Sensex surged 0.15 percent to open at 79,335.48 points.
Experts stated that the unexpected reduction in the rate cut cycle by the US Fed has jolted m