
New Delhi: The US Wall Street witnessed its worst market drop since March 2020, with the Nasdaq falling 6% and the Dow Jones down over 1,600 points (4%) in Thursday's trading session. The S&P 500 also fell 5%, sending global markets into a state of panic.
While the Sensex closed 1% lower at 75,300 and Nifty fell 1.45% to 22,910, Indian markets demonstrated surprising stability compared to the US meltdown. However, Reliance Industries took a 4% hit amid the global sell-off.