Markets turn topsy-turvy; Sensex, Nifty slump nearly 1% on FII outflows, West Asia tensions
Equity benchmark indices Sensex and Nifty slumped nearly 1% in a topsy-turvy trading session on Friday (October 4, 2024), dragged by intense selling in FMCG, auto and energy stocks amid escalating tensions in West Asia and persistent foreign capital outflows. File
| Photo Credit: Reuters
Equity benchmark indices Sensex and Nifty slumped nearly 1% in a topsy-turvy trading session on Friday (October 4, 2024), dragged by intense selling in FMCG, auto and energy stocks amid escalating tensions in West Asia and persistent foreign capital outflows.Besides, a spike in global crude prices on supply uncertainty due to geopolitical tensions dented market sentiments, traders said.Falling for the fifth day running, the BSE Sensex tumbled 808.65 points or 0.98% to settle at 81,688.45. The benchmark hit...