BusinessSensex and Nifty Hit Three-Month Low; L&T Finance, Max Financial Drop 12%
The Indian stock market saw a sharp decline with Sensex falling over 850 points and Nifty dropping below 23,150, marking a three-month low. L&T Finance and Max Financial shares fell up to 12%. Key factors include rising US bond yields and crude oil prices exceeding $100 per barrel, impacting market sentiment and causing significant losses.
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