Mumbai/IBNS, April 30 -- The Indian stock market witnessed a sharp sell-off on Thursday, with the BSE Sensex plunging over 1,100 points and the NSE Nifty 50 falling more than 300 points.
Brent crude rose nearly 4 percent to trade at USD 122.8 per barrel, triggering concerns over inflation and economic stability.
Meanwhile, the Indian rupee weakened further, touching an all-time low against the US dollar as market sentiment remained fragile.
Among the 30 Sensex constituents, major losers included InterGlobe Aviation, UltraTech Cement, Mahindra & Mahindra, Axis Bank, and Adani Ports.
Published by HT Digital Content Services with permission from India Blooms....
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