India's benchmark indices fell nearly a per cent on Friday in a topsy-turvy session to cap their worst weekly performance in more than two years.
A deepening conflict in West Asia triggered risk-off bets from global investors and raised the risk of a runup in oil prices.
The markets also came under pressure on concerns over foreign portfolio investors (FPIs) pulling out from India to invest in China, where valuations are attractive.
The Sensex and the Nifty fell about 4.5 per cent for the week - the biggest decline since June 2022.
Falling for a fifth straight session, the Sensex declined 1 per cent, or 809 points, to settle at 81,689.
The Nifty also dropped 0.9 per cent, or 236 points, to end at 25,015. Both indices fell over 2 per cent from the day's highs.
هذه القصة مأخوذة من طبعة October 05, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة October 05, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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