Sensex declines to lowest level in five months
India’s BSE Sensex dropped 1.3% to 72,942, its lowest since April, amid rising oil prices and foreign outflows. Key industrial production data is due, with expectations of a decline to 6% from 6.7% in July.
after close1 source ↓written by the desknot a recommendation
- BSE Sensex fell
- 1.3%
- on Monday
- 72,942
- and Reliance
- 1.8%
- and Reliance
- 1.4%
- a drop
- 6%
India’s BSE Sensex fell 1.3% to 72,942 on Monday, marking its lowest point since early April. The decline was driven by higher oil prices and concerns over global yields and foreign outflows. All sectors faced losses, with HDFC Bank down 1.8% and Reliance down 1.4%. 📉
Key economic data on industrial production is also expected, with forecasts suggesting a drop to 6% from 6.7% in July, potentially impacting market sentiment further.
Not investment advice. For informational purposes only.