Indian rupee fell below 87 against US dollar for first time ever on Monday. With this, Sensex dipped over 730 points to 77,063.94 while Nifty was down over 1% to 23,239.15. This comes days after Finance Minister Nirmala Sitharaman announced Union Budget 2025 and US President Donald Trump imposed 25% tariffs on Canada and Mexico and 10% tariffs on China.