Sensex Today: Sensex Drops Around 500 Points As Crude Oil Prices, High US Bond Yields And FII Outflows Weigh On Dalal Street; Check 4 Key Reasons For The Market Decline
India, Oct. 12 -- Indian stock markets traded lower on Monday as investors reacted to persistent global economic concerns and continued foreign fund outflows. The BSE Sensex fell around 500 points, while the NSE Nifty 50 slipped below 22,400, reflecting cautious sentiment across domestic equities.
At 11.30 am, the Sensex stood at 71,941.36, while the Nifty declined 132.15 points, or 0.59%, to 22,388.30. The decline came even as the Indian rupee strengthened by around 1% following measures introduced by the Reserve Bank of India (RBI) to ease pressure on the currency. However, the rebound has not been enough to offset concerns over crude oil prices, global interest rates and foreign investor selling.
4 Reasons Why the Stock Market Is Fal...
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