Indices end deep in red; Sensex below 58k; Nifty sheds 250 pts; IT, Bank drag24 min read . Updated: 29 Aug 2022, 03:44 PM IST
- Share Market Close: Indices sank more than a per cent on Monday as Fed Chairman Powell pledged to hike rates in an effort to control inflation. Sensex closed below 58,000 and Nifty at around 17,300. Most indices ended in the red. The rupee breached the 80 mark against the dollar.