May 30, 2024 5:31 PM

Nifty falls below 22,500 on F&O expiry, Sensex drops 617 points

Indian benchmark indices continued their losing streak for the fifth consecutive session on Thursday. The Nifty closed below 22,500 on the May F&O (Futures & Options) expiry day, indicating the bearish sentiment prevailing on Dalal Street. The Sensex dropped by 617.30 points, or 0.83%, to close at 73,885.60, while the Nifty fell by 216 points, or 0.95%, to 22,488.70. Over the course of May, the Nifty50 index has lost 0.4%. The market opened weak, and losses deepened throughout the day,...