Nifty 50, Sensex drop by about half a percent each: 5 key reasons for the market fall - explained
Sharp gains in the US Treasury yields and dollar have hit the equity markets across the globe. Moreover, market participants appear to be cautious ahead of the RBI MPC meeting outcome.
Nifty 50 and Sensex fell by about half a per cent each on Wednesday (October 4) amid weak global cues. Nifty 50 opened at 19,446.30 against the previous close of 19,528.75 and fell about a per cent to hit its intraday low of 19,333.60. The Sensex opened at 65,330.65 against the previous close of 65,512.10 and declined nearly by a per cent to the intraday low of 64,878.77.
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