neutral
Recently
Sensex drops 500 points from day’s high, Nifty closes below 26,200
Sensex dropped 500 points and Nifty ended below 26,200, with the rupee at a record low.
The Sensex fell by 500 points from its intraday high, and the Nifty closed under 26,200, dragged down by the rupee hitting an all-time low. Other factors contributing to the market decline included weak global cues, rising inflation, and high oil prices. Investor sentiment remained cautious amid ongoing macroeconomic pressures.