BusinessPhoto: NDTV BusinessSensex Falls 200 Points, Nifty Below 23,000 on October 16
On October 16, Indian stock indices Sensex and Nifty 50 fell after opening higher, pressured by declines in realty and oil and gas sectors. Sensex dropped 136 points to 74,179.60, and Nifty 50 fell 32.80 points to 22,964.55. Tech Mahindra, Infosys, and TCS gained, while RIL, Asian Paints, and L&T declined. IT sector rose over 1.5%, but Oil and Gas and FMCG sectors fell. Global markets mostly rose, with Japan, South Korea, and Australia showing gains, and US indices also closed higher.
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