The Sensex and the Nifty dropped on Friday as India's review of a tax treaty with Mauritius and the rupee's slide to four-month lows exacerbated fears about foreign outflows.
Auto stocks were the worst hit, with the auto index down 4.8% for the week, while the NSE Bank Nifty lost 3.4% in the same period. The 30-share BSE index provisionally fell 1.89% to 16,827.50 points, while the 50-share NSE index ended down 1.96% at 5,086.85 points.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
