May 29, 2024 6:03 PM

Indian equity market slumps for fourth consecutive session

The Indian equity market experienced its fourth consecutive day of losses on May 29. The Nifty ended at 22,704.70, down 183.50 points or 0.80 percent, while the Sensex dropped 667.55 points or 0.89 percent, closing at 74,502.90. The market opened negatively, influenced by mixed global cues, and continued to decline throughout the day. Both the Sensex and Nifty fell below critical levels of 74,500 and 22,700, respectively. The biggest losers on the Nifty included HDFC Life, SBI Life Insurance, ...