The
BSE Sensex lost 3.75 per cent in August, its worst monthly performance
since February, as worries over foreign outflows were exacerbated by the
rupee that fell to record lows during the month.
Benchmark indices closed higher on the last day of August, amid volatile trading session led by FMCG and IT shares.
Meanwhile, the Centre's fiscal deficit ballooned to almost 63% of Budget Estimates for 2013-14 in just first four months of the year.
The deficit stood at Rs 3.40 lakh crore (Rs 3.4 trillion) in April-July period, which was 62.8% of Rs 5.42 lakh crore (Rs 5.42 trillion) pegged in the Budget, according to data released by the Controller General of Accounts.
The 30-share Sensex ended up 219 points at 18,620 and the 50-share Nifty ended up 63 points at 5,472.
Prime Minister Manmohan Singh said that the rupee's tumble is a "matter of concern" but is part of a needed adjustment due to India's large current account deficit.
Benchmark indices closed higher on the last day of August, amid volatile trading session led by FMCG and IT shares.
Meanwhile, the Centre's fiscal deficit ballooned to almost 63% of Budget Estimates for 2013-14 in just first four months of the year.
The deficit stood at Rs 3.40 lakh crore (Rs 3.4 trillion) in April-July period, which was 62.8% of Rs 5.42 lakh crore (Rs 5.42 trillion) pegged in the Budget, according to data released by the Controller General of Accounts.
The 30-share Sensex ended up 219 points at 18,620 and the 50-share Nifty ended up 63 points at 5,472.
Prime Minister Manmohan Singh said that the rupee's tumble is a "matter of concern" but is part of a needed adjustment due to India's large current account deficit.