Key Points
The NSE Nifty 50 dropped by 321.20 points to settle at 23,983.15, while the BSE Sensex fell 941.88 points to 78,782.24..
Stock market today: With the US election adding to market jitters and the Indian benchmarks under pressure, volatility surged to its highest in three months...
Benchmark stock market indices suffered their steepest fall in over a month on Monday as investors exercised caution ahead of the US presidential election and awaited upcoming economic decisions from global central banks...
Continued volatility is anticipated in the short term as attention shifts to the U.S. presidential election and upcoming central bank policy decisions," Nair said.. Persistent foreign fund outflows have also stoked investor caution, contributing to the steep corrections seen in recent sessions..
Prashanth Tapse, Senior VP (Research) at Mehta Equities Ltd, noted, "Markets witnessed a broader sell-off as investors turned risk-averse ahead of the US election and Federal Reserve policy decision in the coming days...
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