Sensex declines 1,450 points amid global cues and fund outflows
The Sensex fell 1,450 points and Nifty dropped 2% for the third consecutive day, driven by weak global cues and foreign fund outflows. Key laggards included Larsen & Toubro and Tata Steel, with the indices on track for their steepest weekly decline since December 2024.
after close1 source ↓written by the desknot a recommendation
- 1.89
- 74,596.95
- 2.02
- 23,162.70
- decline
- 4.5%
The Sensex fell 1,437.47 points (1.89%) to 74,596.95, while the Nifty dropped 476.45 points (2.02%) to 23,162.70. This marks the third consecutive day of losses, driven by weak global cues, foreign fund outflows, and rising crude oil prices due to the West Asia conflict.
Key laggards included Larsen & Toubro, Tata Steel, and HDFC Bank, contributing to a 4.5% decline in the Sensex this week, the steepest since December 2024.
Not investment advice. For informational purposes only.