Nifty and Bank Nifty Fall Up to 1.8% Today: 6 Reasons Behind the Market Decline Explained
India, Sept. 24 -- The Indian stock market came under pressure on Thursday, with the Nifty 50 and Bank Nifty falling sharply amid weak global cues. Rising US bond yields, elevated crude oil prices, geopolitical tensions, and proposed changes in insurance regulations added to investor concerns, triggering selling across financial and insurance stocks.
Index in Focus
The Nifty 50 declined 1 percent, falling from its previous close of 23,350 to an intraday low of 23,196.35. Meanwhile, the Bank Nifty fell 1.8 percent, declining from its previous close of 56,548 to an intraday low of 55,505, reflecting broad-based selling pressure across key market segments.
Top Laggards
Among the major laggards in Nifty 50, Bajaj Finance declined 4.51 perc...
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