BusinessSensex Drops 1045 Points, Nifty Falls Below 22300 on Market Slump
On Thursday, the Indian stock market saw a sharp decline with Sensex falling 1,045.46 points to close at 71,593.24 and Nifty 50 dropping 371.25 points to 22,231.80. The market capitalization decreased by over 11.37 lakh crore rupees due to RBI's strict policy stance, rising crude oil prices, foreign investor sell-offs, and a weak rupee. RBI raised the repo rate to 5.50%, signaling calibrated tightening.
Amar Business·


