Market Falls For 3rd Session; US Bond, Gold Price Rise On Middle-East Tension
The New Indian Express|April 17, 2024
DOMESTIC equity market fell for the third straight session as diminishing expectations of early rate cuts by the US Federal Reserves added to the selling pressure caused by the Middle-East conflict.
ARSHAD KHAN
Market Falls For 3rd Session; US Bond, Gold Price Rise On Middle-East Tension

Dragged by US-sensitive IT stocks, the BSE Sensex fell 0.62% to settle at 72,943.68 on Tuesday NSE Nifty50 lost 0.56% at 22,147.90.

During the last three sessions, the two benchmark indices corrected 2.7% each. From hitting their all-time high level on April 10, the Sensex is down 2,180 points while the Nifty has shed erased points.

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