RBI Measures to Support Rupee Send Domestic Equities and Bonds Down

Domestic equities fell on Monday as investors weighed the Reserve Bank of India's new measures to support the rupee and drain banking system liquidity. The 30-share Sensex dropped 547.65 points to close at 71,924.68, while the Nifty 50 declined 157.10 points to settle at 22,363.35. Government bonds faced heavy selling pressure, pushing the benchmark 10-year yield up 9 basis points to 7.39 per cent. Broader market indices bucked the trend, with the Nifty Midcap 150 rising 0.1 per cent and the Nifty Smallcap 250 gaining 1.13 per cent. The rupee strengthened nearly one per cent to close at 95.78 against the US dollar.

Editor's note: The brief provides an accurate, dense summary of the market performance and the causal link to RBI measures, capturing all essential figures provided in the source.