Indian Markets in Red: Nifty, Sensex Tumble on Global Worries
Indian stocks fell sharply as Sensex dropped 850 points, Nifty slips below 24,300 level.
Yash Saini 
Mumbai: Indian equity benchmarks, the Sensex and Nifty, experienced a downward trend on Thursday, snapping a two-day rally. This decline was attributed to a combination of factors, including mixed global cues and investor concerns surrounding the upcoming US Federal Reserve interest rate decision. Additionally, persistent foreign fund outflows further dampened market sentiment.
Key sectors such as metals and financials were among the major contributors to the market's decline. Prominent laggards included Bajaj Finserv, UltraTech Cement, Power Grid, ICICI Bank, Bajaj Finance, Kotak Mahindra Bank, Adani Ports, and Nestle. On the other hand, Tata Steel, HCL Technologies, Tata Consultancy Services, and JSW Steel emerged as relative outperformers.
