Stock Market Live Updates: Sensex and Nifty Falls Driven by Foreign Fund Outflow
Tuesday, 22 October 2024, 03:51
Market News: Sensex and Nifty Decline
On October 22, 2024, the equity benchmark indices, Sensex and Nifty, experienced a drop of over 1%. This decline was primarily driven by massive foreign fund outflows and a slowdown in global market conditions.
Key Highlights of Stock Market Today
- The BSE Sensex fell by 930.55 points.
- The Nifty 50 also mirrored this downward trend.
- Investors are advised to monitor Hyundai's IPO listing, which saw a significant drop in share prices.
Further Insights
With the Indian stock market today under pressure, traders are looking into nifty technical analysis and forecasts for potential rebounds in upcoming sessions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.