The Indian rupee slipped in the early tarde on Tuesday. It opened lower by 36 paise at 71.14 per dollar versus Friday’s close 70.78.
Asian shares fell on Tuesday as fears about a drawn out Sino-US trade war, protests in Hong Kong and a crash in Argentina’s peso currency drove investors to safe harbours like bonds, gold, and the yen. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.26% while Japan’s Nikkei tumbled 1.28%.
The Dow Jones Industrial Average fell 391 points, or 1.49%, to 25,896.44, the S&P 500 lost 35.96 points, or 1.23%, to 2,882.69 and the Nasdaq Composite dropped 95.73 points, or 1.2%, to 7,863.41.
NIFTY OPEN @ 11139.40 (+29.75) SENSEX OPEN @ 37755.16 (+173.25) BANK NIFTY OPEN @ 28356.80 (-75.10)