Sensex Today | Nifty 50 | Stock Market LIVE Updates: Sensex falls over 250 pts, Nifty below 24,050; Nestle, Adani Ent drop 1% each
Sensex Today | Nifty 50 | Stock Market Live Updates: The Indian stock market slipped into the red on Monday, with benchmark indices Sensex and Nifty falling as investors grappled with rising US bond yields and renewed expectations of higher interest rates following hawkish comments from US Fed Chair Kevin Warsh. Renewed US-Iran tensions and a surge in crude oil prices above $90 a barrel added to the pressure.
Asian stocks fell while the dollar extended its gains after hawkish remarks from Federal Reserve Chair Kevin Warsh bolstered expectations of an interest-rate hike next month. Oil prices rose as escalating tensions in the Middle East heightened concerns over supply disruptions.
Shares of HDFC Bank, Mahindra & Mahindra, Ola Electric Mobility, NBCC (India), Knowledge Realty Trust and several other companies are likely to be in focus on the back of key corporate developments.
