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Nifty 50 plunged below 22,200 to a fresh 52-week low as soaring oil prices, persistent FII selling and the RBIs rate hike weighed on sentiment. Analysts expect near-term pressure to persist, with market direction likely hinging on Q2 earnings, corporate cash flows and key technical levels in the coming sessions.
Mumbai — Indian stock markets suffered heavy losses Thursday as surging global crude oil prices, concerns over prolonged high interest rates and continued foreign investor outflows triggered widespread selling. The …
Nifty hits a 2026 low at 22,179.90 as ₹10 lakh crore in market value is erased, with crude above $104, FII selling and an RBI rate hike weighing on equities.