Stock Market Updates: Sensex Drops 351 Points, Nifty Slips 101 Points in Early Trade
- The S&P BSE Sensex dropped by 348.55 points to close at 81,748.57, while the NSE Nifty50 lost 100.05 points to end at 24,668.25.
- Benchmark stock market indices closed lower on Monday, dragged by a decline in IT, metal, and FMCG sector stocks as bearish sentiment continued on Dalal Street.
- Vinod Nair, head of research at Geojit Financial Services, mentioned that the national market traded in a range-bound manner while the realty sector outperformed in expectation of growing demand.
- Rising US 10-year bond yields and a strengthening dollar led investors to remain watchful of the upcoming US Fed policy and its commentary for 2025 rates.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left1Leaning Right4Center0Last UpdatedBias Distribution80% Right
Bias Distribution
- 80% of the sources lean Right
80% Right
L 20%
R 80%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage