MUMBAI: The Indian stock market nosedived on Tuesday — with its benchmark Sensex losing over 654 points —to a 15-month low, as the forecast of increasing risk to rupee-denominated investments added to the woes of investors already battling with domestic political uncertainty and weak global cues.

The Bombay Stock Exchange’s Sensex settled at 12,676.19, down 654.32 points from its previous close, while the National Stock Exchange’s Nifty plunged 178.60 points, or 4.42 per cent, to close the day at 3,861.10. — PTI

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