BusinessSensex Falls 1,100 Points as Nifty Drops Below 22,800
Indian stock markets faced heavy selling pressure on Monday, with the Sensex dropping nearly 1,100 points and the Nifty falling over 350 points, breaking below 22,800. The decline follows seven consecutive weeks of losses. Key triggers include crude oil prices rising above $107 per barrel due to tensions near the Strait of Hormuz, rising US bond yields, and renewed expectations of US Federal Reserve rate hikes, all increasing inflation and market concerns.
Firstpost Business·2h ago



