Nifty lost 7.5% in November, worst in over 3 years
The benchmark index NSE Nifty lost 7.5% in the November series, posting its worst fall since August 2013. This followed the demonetisation of high-value currency notes and Republican Donald Trump's unexpected win in the US Presidential elections, which dampened market sentiments. Notably, rupee also hit an all-time low of 68.86 against the dollar on November 24.