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The Economic Times
The Economic Times
Business
Debaroti Adhikary

Sensex drops over 490 points, Nifty closes near 24,150 as Mideast peace hopes fade. More pain ahead?

The Indian stock market continued to record sharp losses, with Sensex falling for the third straight session and Nifty bleeding for the sixth consecutive session amid fading hopes for a peace deal in the Middle East.

Sensex fell around 493 points to close at around 77,235 while Nifty 50 lost around 133 points to end the session at 24,155 level. Broader markets also closed in the red, with Nifty Smallcap 100 and Nifty Midcap 100 falling up to 0.4%.

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