Bajaj Auto's warning about weak festival demand further put pressure on equities. The Sensex ended the session at 81,007, a decline of 495 points, or 0.6 per cent. The Nifty ended the day at 24,750, a drop of 221 points, or 0.9 per cent. Both indices are down 4 per cent each, with FPI selling at ₹71,441 crore month to date, including provisional outflow of ₹7,421 crore, on Thursday — the worst-ever for a calendar month. The record outflows are seen on account of FPIs rotating out of India into China.
The combined market capitalisation of BSE-listed stocks declined by ₹6 trillion to ₹457 trillion.
This story is from the October 18, 2024 edition of Business Standard.
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This story is from the October 18, 2024 edition of Business Standard.
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