Markets Drop Nearly 1% as Crude Rises Ahead of FOMC Decision
On October 28, 2026, Indian stock markets fell nearly 1% due to rising crude oil prices and investor caution ahead of the U.S. Federal Open Market Committee (FOMC) policy decision. At 10:58 a.m., the BSE Sensex dropped 1.04% to 72,834.67, and the Nifty 50 declined 0.8% to 22,550. The Fed is expected to keep rates steady at 3.75%-4.00%.
Hindu Business··Mumbai



