Benchmark indices tumbled over 1% on Thursday, marking their fourth consecutive session of decline. The decline comes amid global market weakness weighing heavily on investor sentiment.
Sensex crashed almost 1,200 points and Nifty nosedived back to the 23,870 level in intraday trade after the US Fed signaled the pace of rate cuts could be slower going ahead.
At the close, the Sensex dropped 1.2%, shedding 964 points to settle at 79,218, while the Nifty fell 1.02%, losing 247.6 points to end at 23,951.25.
Sensex opened at 79,029.03 against its previous close of 80,182.20, while Nifty 50 opened at 23,877.15 against its previous close of 24,198.85.
This story is from the December 20, 2024 edition of The Statesman.
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This story is from the December 20, 2024 edition of The Statesman.
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