BusinessSensex Drops 447 Points, Nifty Opens Below 22,650 Ahead of RBI Policy
On October 7, Indian benchmark indices opened lower ahead of the RBI monetary policy decision. The BSE Sensex fell 446.56 points (0.61%) to 72,621.25, and the Nifty 50 declined 156.20 points (0.69%) to 22,619.90. Sectoral losses included Consumer Durables (-1.49%) and Auto (-1.12%). Market volatility rose with India VIX up 3.63% to 14.10, reflecting cautious investor sentiment.
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