Indian Sensex drops 583 points as oil and tensions bite
NewsBytes | April 30, 2026 7:40 PM CST
Rupee falls to 95.33 per dollar
Not all sectors moved in the same direction: metals, banking, and realty saw losses while IT stocks held up well.
Bajaj Auto and Sun Pharma were among the few gainers; Bajaj Finance also edged up after a positive report.
Meanwhile, the rupee dropped to an all-time low of 95.33 per dollar before closing at 94.92, pressured by high oil prices and strong demand for dollars.
A few companies like Indian Hume Pipe and Newgen Software bucked the trend with gains thanks to new contracts or solid earnings, even on a tough market day.
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