BSE Sensex and NSE’s Nifty 50 traded higher on Thursday. Photo: Mint
- Mumbai: Markets snap a six-day losing streak on Thursday with BSE Sensex rising over 200 points and the Nifty 50 settling above 11,530. The Indian rupee on Thursday touched a new milestone, falling to 72 against the dollar amid concern that US President Donald Trump could order additional tariffs on China. In global markets, shares fell for a fifth straight day as investors braced for another escalation in a trade war between US and China, while emerging-market currencies paused near 15-month lows. The dollar index retreated from the two-week highs it reached earlier this week to stand 0.1% lower at 95.07. Meanwhile, FIIs sold equities worth Rs 383.67 crore on net basis on Wednesday, while DIIs purchased shares worth a net of Rs 176.95 crore, provisional data showed. Here are the latest updates from the markets: