China stock crash pulls Sensex down by 400 points
The development witnessed Nifty plunge to near 7,600 level. The rupee also fell to inch towards 67/dollar.
Trading in China markets has been suspended for the day after Shanghai shares tanked more than 7 per cent following a sharp fall in its currency yuan. This is the second time this week trading was suspended in China for the day.
The rupee fell to 66.93/dollar today, continuing its recent weakness amid a depreciation of the Chinese yuan. The rupee had closed at 66.82 on Wednesday.
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