November 7, 2024 5:01 PM

Sensex declines amid weak market sentiment; Fed meeting in focus

The Indian stock market closed in the red on Thursday, with heavy selling across all sectors except PSU banks. The Sensex fell 836 points, or 1.04%, closing at 79,541.79, while the Nifty dropped by 284.70 points, or 1.16%, ending at 24,199.35. The benchmark indices saw a decline of over 1%, driven by widespread losses in major sectors. The metal sector bore the brunt of the sell-off, with auto, pharma, realty, energy, and infrastructure sectors also witnessing declines of more than 1%. Other s...