BusinessSensex Falls Over 400 Points, Nifty Below 22,700 Ahead of RBI Policy
The Indian stock market opened lower on Wednesday with Sensex dropping over 400 points and Nifty 50 falling below 22,700 amid cautious investor sentiment ahead of the Reserve Bank of India's monetary policy decision. Sectoral indices mostly traded in red, with Nifty Auto, Metals, PSU Banks, FMCG, IT, and Oil & Gas seeing significant declines. The rupee also weakened slightly against the US dollar.
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