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BSE Sensex and Nifty50, the Indian equity benchmarks, crashed in trade on Thursday, with both indices down over 1%. Investors reacted to the RBI’s policy tightening and repo rate hike, continued FII selling and other negative factors.
The Indian stock market has crashed for the 38th consecutive day, and this has resulted in extreme l
Indian markets plunged on Thursday as RBI policy tightening, persistent FII selling, rising bond yields and rupee weakness battered sentiment. The Nifty hit a 52-week low of 22,179, while the Sensex fell 1,045 points, wiping out over Rs 10 lakh crore.