Sensex Today | Nifty 50 | Indian Stock Market Live: Sensex Falls 1,000+ Points, Nifty Near 52-Week Low; Check Key Reasons, Support Levels And More

The Indian stock market came under heavy selling pressure on Thursday, with benchmark indices extending their losses during afternoon trade. The Sensex fell more than 1,000 points, while the Nifty 50 slipped below the 22,200 mark.

At around 2 pm, the Sensex was down 1,063 points at 71,575.16, while the Nifty declined 359.45 points to 22,243.60. The Nifty later touched an intraday low of 22,190.

The selloff came amid a combination of rising crude oil prices, continued foreign institutional investor (FII) selling, higher bond yields and weak global market signals.

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Why is the stock market falling today?

Several factors contributed to Thursday’s sharp decline:

• Rising crude prices: Brent crude jumped around 4% amid heightened tensions in the Middle East, raising concerns over India’s import bill and inflation.
• RBI rate hike: The Reserve Bank of India raised the repo rate by 25 basis points to 5.50%, marking its first increase in nearly four years.
• FII selling: Continued selling by foreign investors has added pressure to Indian equities.
• Weak global cues: Asian and European markets declined, while US stock futures also remained under pressure.
• Higher bond yields: Rising yields in global bond markets have reduced investor appetite for riskier assets.