Stocks were hammered yet again Tuesday as a lethal cocktail of sliding rupee, worsening economic data and dismal quarterly corporate earnings, had investors fleeing.<br /><br />The rupee hit a fresh record low of 61.80 to the dollar, as the RBI's efforts to boost the currency is having little effect in a face of a strengthening dollar.<br /><br />The Sensex closed at 18 thousand 733, down 449 points over its previous close and the Nifty closed at Five thousand 542, down 143 points over the previous close. A weak dollar spells trouble for importers as well as companies with huge foreign foreign debt on their books.<br /><br />For More information on this news visit : http://www.newsx.com/<br />Connect with us on Social platform at : http://www.facebook.com/newsxonline<br />Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive
