Brief by Shorts91 Newsdesk / 06:57am on 25 Oct 2024,Friday Business
India's domestic stock market continued its downward spiral, with the Sensex plummeting below 80,000 points on Friday. The benchmark indices, Sensex and Nifty, fell sharply due to sustained foreign investor selling and disappointing Q2 corporate earnings. Sensex dropped 628.64 points to 79,436.52, while Nifty50 declined 254.30 points to 24,145.10. Foreign Institutional Investors (FIIs) have withdrawn a staggering Rs 98,085 crore from Indian equities this month, severely impacting market sentiment. Investors remain cautious as the market struggles to recover from its steady decline, fueling concerns of a prolonged downturn.
