Crores of investors lost money, chaos in the currency market, invest money only with caution today: – ..

News India Live, Digital Desk: This morning was quite disappointing for those tracking the Indian stock market and the country’s economy. On one hand, the stock market made a weak start, while on the other hand, even more worrying news has come from the currency market.

If you are an investor or just interested in the country’s economy, you will remember this day. Indian rupee falls to its lowest level against the US dollar 90.41 But has been reached.

Why ‘mourning’ in the market? (Stock Market Update)
On the fourth day of the week, Sensex and Nifty slipped as soon as the markets opened. It was sensed in the pre-opening session itself that selling would dominate today. Shares of big companies are crawling in the red.

Foreign investors (FIIs) are continuously withdrawing money from the Indian market, and the signals from the global market are also not very good. Its direct impact is visible on your and our portfolio. Banking, auto and IT—almost every sector is feeling the pressure.

Why is the rupee crossing 90 a matter of concern?
The market keeps rising and falling, but the value of the rupee 90.41 per dollar Reaching record low is a serious sign. If we understand in simple language, our money is becoming weak in the international market.

What effect will this have on a common man?
When the rupee weakens, it impacts not only the stock market but also your kitchen and lifestyle:

1. Expensive to travel abroad: If you are planning to go abroad on holidays, now you will have to spend more money to buy dollars.
2. Electronics and Mobile: India imports a lot of electronic parts and gadgets from outside. Prices of phones, laptops and TVs may increase due to the dollar becoming expensive.
3. Petrol-Diesel: We buy most of our crude oil from outside and pay for it in dollars. Falling rupee means that oil companies will have to pay more, the burden of which will sooner or later hit your pocket at the petrol pump.

What should investors do now?
In such an environment of uncertainty, experts often advise to ‘wait and watch’.

• Do not sell your shares in a hurry.
• A fall in the market can also be an opportunity to buy good shares cheaply, but do not invest all the money at once.
• Keep an eye on this currency movement as it can make the market dance for the next few days.