Brief by Shorts91 Newsdesk / 05:38am on 31 Oct 2024,Thursday Business
Indian stock markets opened lower on Thursday, with the S&P BSE Sensex falling 199.13 points to 79,743.05 and the NSE Nifty50 declining 126 points to 24,340.85. Foreign institutional investors' sustained selling and disappointing second-quarter earnings reports contributed to the downturn. Losses in Asian and US markets also weighed on sentiment, particularly in information technology stocks. The broader market indices also declined, reflecting increased volatility. The decline marked a departure from the typical pre-Diwali rally, signaling caution among investors.
