During the week, the rupee fell by 31 paise. This is the second straight week of loss for the domestic currency.
Overseas investors have pulled out a net amount of Rs 6,399 crore from the Indian capital markets
in May so far on the back of election-related uncertainty and the US-China trade tensions.
Prior to this, foreign portfolio investors (FPI) were net buyers for three consecutive months.
On the global front, Share markets
in Asia got off to a steady start on Monday as investors tried to catch their breath following another week of escalating trade tensions between the United States and China.
In commodities, both US crude and Brent crude jumped more than 1 per cent after Saudi Arabia’s energy minister said that there was consensus among the members of the Organization of the Petroleum Exporting Countries to maintain production cuts to “gently” reduce inventories.