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Image Source : FILE Business stock exchange building.
In a tumultuous start to the trading day, the Indian stock market witnessed a significant decline, with the Sensex plummeting by 929.74 points to reach 73,315.16. Simultaneously, the Nifty also experienced a sharp downturn, sliding 216.9 points to hit 22,302.50. The Sensex, representing the top 30 stocks on the Bombay Stock Exchange (BSE), recorded a substantial drop within minutes of the opening bell, reflecting investor apprehensions and market volatility.
The Nifty, comprising 50 stocks on the National Stock Exchange (NSE), mirrored the Sensex’s downward trend, reflecting broader market sentiment and investor concerns.
Additionally, domestic factors such as inflationary pressures, concerns over fiscal deficits, and the impact of recent policy announcements are also weighing on investor sentiment and market performance.
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