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Rupee falls to 45.75/78 USD as equity markets crash

Mumbai, May 22: The rupee fell sharply by 20 paise at 45.75/78 per US dollar as compared to the last close of 45.55/57 due to 1,100 points fall in the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), a forex dealer here said.

The Indian currency earlier opened six paise weaker at 45.6150/6400 per USD in the morning.

Stock market's benchmark index BSE Sensex fell below 10,000 mark falling by 1,100 points this morning leading to slide in the rupee.



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Mirwaiz wounded in car accident in Kashmir

Srinagar, May 22: Moderate Hurriyat Conference Chairman Mirwaiz Umar Farooq today suffered a minor injury when his vehicle met with an accident here, amalgam sources said.However, the Mirwaiz arrived on time at the Hurriyat headquarters at Raj Bagh here to attend the crucial amalgam meeting called to decide its participation in the second round table conference on Kashmir to be chaired by Prime Minister Manmohan Singh on May 24-25.The sources said the vehicle carrying the Hurriyat Chairman was.....

Sensex crashes by over 1,112 points

Mumbai, May 22 : The 30-stock-Sensex of the Bombay Stock Exchange (BSE) tumbled by 1,111.70 points or 10.16 per cent while S&P CNX Nifty of the National Stock Exhchnage (NSE) lost 350 points at 2,896 within few hours of trading today, forcing the bourses to suspend trading till 1300 hrs.The trading at both the leading bourses were automatically halted at 1200 hrs, following sharp fall of over 10 per cent, as the foreign institutional investros (FIIs) and major operators continued their.....

Nikkei ends below 16,000, oil stocks down

Tokyo, May 22 : The Nikkei average fell 1.84 percent on Monday to close below 16,000 for the first time in more than two months, as lower oil prices sent INPEX Holdings Inc. and other resource-related shares lower. Elpida Memory Inc. and other firms with disappointing earnings numbers lost ground. Sumitomo Trust.....
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