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Nifty Recovers for Third Day, Driven by M&M and RIL; Rupee Hits Record Low
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Nifty Rises for 3rd Day, Rupee Hits Record Low; M&M, RIL Lead Gains
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CNBC TV18
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18-03-2026, 15:56
Nifty Rises for 3rd Day, Rupee Hits Record Low; M&M, RIL Lead Gains
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Indian equity benchmarks extended gains for the third consecutive session, with Sensex up 633 points and Nifty gaining 197 points.
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Index heavyweights like Infosys, Reliance Industries, and Mahindra & Mahindra led the market recovery.
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Broader markets outperformed, with the midcap index jumping 1,145 points and IT stocks leading sectoral gains.
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Urban Company surged 9% on increased stake by SBI Mutual Fund; Mankind Pharma acquired Rivotril brand.
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Indian Rupee weakened to a new record low of 92.63 per dollar, closing at 92.63 against 92.37 previously.
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