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Market witnesses sharp sell-off
The Morning Standard
|November 29, 2024
Sensex plunged 1.48% to close at 79,043.74, Nifty dropped 1.49% to settle at 23,914.20
THE domestic equity markets witnessed a sharp sell-off on Thursday, with the benchmark indices BSE Sensex and NSE Nifty 50, declining by nearly 1.5% each.
The decline was primarily driven by heavy selling in IT stocks amid uncertainty over US interest rate cuts and escalating geopolitical tensions following Russia's renewed attacks on Ukraine's energy infrastructure.
The BSE Sensex plunged 1,190.34 points, or 1.48%, to close at 79,043.74, while the NSE Nifty dropped 360.70 points, or 1.49%, to settle at 23,914.20.
Diese Geschichte stammt aus der November 29, 2024-Ausgabe von The Morning Standard.
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