October 3, 2024 11:16 AM
Nifty, Sensex open with sharp decline, amid geo-political tension and SEBI regulation on F&O
Indian stock markets saw a sharp decline on Thursday, driven by concerns over new SEBI regulations on F&O and rising geopolitical tensions. The Nifty 50 index dropped 1.33%, or 344 points, opening at 25,452.85. Similarly, the BSE Sensex experienced a steep fall, losing 1,264.20 points, or 1.50%, to start the day at 83,002.09. Market experts pointed to global factors as key drivers of the downturn. The Fed’s recent rate cut, rising geopolitical tensions, and foreign investors shifting fun...