Sensex plunges 572 points, Nifty falls over 1% on global sell-off

Mumbai: BSE Sensex, the benchmark index, on Thursday crashed by 572 points while the NSE Nifty dropped 181.75 points.

The NSE Nifty dropped 181.75 points or 1.69 per cent to 10,601.15, while Sensex settled at 35,312.13, down 572.28 points or 1.59 per cent.

Sensex, BSE, Nifty, business news
BSE Sensex, the benchmark index, on Thursday crashed by 572 points while the NSE Nifty dropped 181.75 points

The sharp downfall in stock markets comes in the backdrop of RBI keeping its interest rates unchanged in its monetary policy review.

Another factor behind the negative sentiment was the sell-off in global equities.

Among BSE sectoral indices, auto and realty plunged the most followed by infrastructure, TECk and oil & gas.

Sensex drops 155 points, Nifty closes 62 points downEarlier, Asian markets registered sharp losses amid rising uncertainty about the global economy. This further affected the market sentiment, thus resulting in dipping figures in the domestic markets.

Rupee registers fall

Rupee sinks to new low of 74.45 against US DollarRupee also plunged 54 paise and hit the 71 per dollar mark in early session amid a strengthening dollar.

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