Image Source: Business Standard
Indian stock markets opened in the red today, with the Sensex falling 300 points to 75,630 and the Nifty 50 dropping to 22,850. Auto, FMCG, and real estate stocks led the decline, dragging down key indices. The Nifty FMCG index capped its worst-ever losing streak, erasing nearly ₹3 lakh crore in market cap. Real estate stocks also faced selling pressure, with the BSE Realty index falling 3.55%. Investors remain cautious amid concerns over US President Trump's tariff threats and awaited the release of Federal Reserve meeting minutes. The market's negative sentiment reflects broader economic uncertainties and sector-specific challenges.
Sources: Business Standard, CNBC TV18, Economic Times
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