Rupee falls sharpest in two years to 86.70 to $.

• The rupee recorded its sharpest slide in nearly two years, closing 66 paise against the U.S. dollar at 86.70.

• Benchmark stock indices fell about 1.4%-1.5%, hitting their lowest level in over seven months.

• The downturn was fueled by a strengthening U.S. dollar and rising global crude oil prices.

• The advance-decline ratio for shares on the Bombay Stock Exchange hit 0.15, the lowest since June 4, 2024.