Sensex Extends Losses as Nifty Falls for Fifth Consecutive Session
· Business · Economic Times, LiveMint, Zee News
The Indian stock market extended its losses on Monday as the Sensex fell 281 points to close at 77,728 and the Nifty 50 dropped 78 points to finish at 24,288. Despite the benchmark indices recovering from intraday lows, the Nifty logged its fifth consecutive session of losses. Broader markets moved against the trend, with the Nifty Smallcap 100 and Nifty Midcap 100 indices rising up to 0.3 percent. Analysts attribute the cautious market sentiment to global macroeconomic factors, including crude oil price trajectories and geopolitical tensions in the Strait of Hormuz. Investors are also monitoring upcoming United States Federal Reserve meeting minutes for signals regarding the global interest rate outlook.
Why it matters
Market volatility and global crude price pressures directly impact Indian equities, portfolio valuations, and investor sentiment across domestic sectors.
Read the original report — Economic Times
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