BusinessPhoto: Business StandardSensex Falls 765 Points Amid Bank Stock and FPI Selling
The Indian stock market reversed a two-day gain, with the Sensex dropping 765 points (1.02%) to 73,964 and the Nifty 50 falling 224 points (0.97%) to 22,923 in intraday trading. Elevated oil prices and heavy selling in private bank stocks after quarterly earnings announcements contributed to the decline. Midcap and Smallcap indices also fell, reflecting broad market weakness. Rising Brent crude to $109 and geopolitical tensions in Hormuz are key headwinds, says Dr V K Vijayakumar of Geojit Investments.
Business Standard·



