SENSEX and NIFTY50 decline on broad-based selling pressure
after close1 source ↓written by the desknot a recommendation
- The SENSEX fell
- 1,124 points
- 1.52%
- 72,772
- the NIFTY50 dropped
- 360 points
- 1.56%
The SENSEX fell 1,124 points or 1.52% to 72,772, while the NIFTY50 dropped 360 points or 1.56% to 22,780. This decline was driven by weakness in major stocks like HDFC Bank, Reliance Industries, and ICICI Bank amid rising crude oil prices and bond yields. Investor sentiment worsened following the Maharashtra government's drought declaration.
Not investment advice. For informational purposes only.