Stock market today: Nifty50 below 24,600; BSE Sensex drops over 700 points
Indian stock markets opened lower on Thursday, with both Nifty50 and Sensex declining due to global risk-off sentiment and rising US bond yields. Concerns over the US fiscal deficit and debt are impacting investor confidence, even as domestic consumption-driven companies show positive performance. Foreign portfolio investors were net buyers, while oil prices decreased amid rising US crude inventories.
Indian stock markets opened lower on Thursday, with both Nifty50 and Sensex declining due to global risk-off sentiment and rising US bond yields. Concerns over the US fiscal deficit and debt are impacting investor confidence, even as domestic consumption-driven companies show positive performance. Foreign portfolio investors were net buyers, while oil prices decreased amid rising US crude inventories. What's Your Reaction?
