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MARKET SHOCKER: US Data & Rupee Surge Sink Indian Stocks - Rs 4 Lakh Crore Wealth Wiped Out!

Economy

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Published on 21st November 2025, 3:20 PM

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Author

Abhay Singh | Whalesbook News Team

Overview

Indian stock market benchmarks Sensex and Nifty fell on Friday, breaking a two-day winning streak, due to stronger-than-expected US non-farm payroll data that reduced expectations for a December rate cut. The rupee also hit an all-time low against the dollar, breaching the 89 mark, further impacting investor sentiment. Despite Friday's losses, both indices managed to secure positive returns for the second consecutive week, though broader markets and investor wealth saw significant erosion.