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Indian markets ended lower on Wednesday as the Sensex fell 429 points and Nifty dropped over 173 points, snapping a two-session rally. Investors reacted to the RBIs rate hike and calibrated tightening stance, while banking stocks gained and broader sentiment remained cautious.
**Stock Market Highlights:** It seems like back to square one, with the markets once again coming under pressure. After two straight days of healthy gains, the Nifty is now down over 150 points, slipping to the 22,600 mark, while the Sensex is down close to 500 points at 72,600. The Monetary Policy Committee (MPC) of…
Sensex and Nifty rallied on 5 October. See the 3 factors, weak US jobs data, easing crude and bank Q2 updates, how much each matters and whether the rebound can last.