Indian stock markets continued their downward trend for a third consecutive day, with the Sensex falling 502.25 points and the Nifty declining 137.15 points. Foreign fund outflows and global economic uncertainty, particularly the upcoming Federal Reserve decision, are contributing factors to this market weakness. While some technology stocks saw gains, several blue-chip companies experienced significant losses.
Results for: FII Outflows
A series of events on October 4th, 2023, shook global markets, leading to significant declines. From geopolitical tensions in the Middle East to FII outflows, investors faced a turbulent day. The Sensex and Nifty 50 experienced their worst weekly losses since June 2022, with Reliance Industries taking the brunt of the decline.