Indian stock markets came under heavy selling pressure on October 8, with the Sensex falling around 930 points during afternoon trade and the Nifty 50 slipping below 22,300 to around 22,269.
Adani Enterprises emerged as one of the biggest losers, falling nearly 7%, while ITC and JSW Steel also declined around 4%.
The sell-off was driven by several factors, including the RBI’s 25-basis-point repo rate hike, its calibrated tightening stance, rising crude oil prices and continued foreign investor selling. Brent crude remained above the $100-a-barrel level, adding to inflation concerns.
Foreign Institutional Investors sold shares worth more than ₹6,121 crore in the previous session, while domestic institutional investors bought around ₹4,597 crore.
The market is now closely tracking RBI policy, crude oil prices, global cues, and FII flows as investors assess the impact of higher rates and persistent selling pressure on market sentiment.
8 October ko Indian stock market mein heavy selling pressure dekhne ko mila. Afternoon trade ke dauran Sensex lagbhag 930 points gir gaya, jabki Nifty 50 22,300 ke neeche fisalkar 22,269 ke aas-paas aa gaya.
Adani Enterprises sabse bade losers mein raha, jisme lagbhag 7% ki girawat dekhi gayi. ITC aur JSW Steel bhi kareeb 4% tak down rahe.
Market mein is selling ke peeche kai factors rahe, jinmein RBI ka 25-basis-point repo rate hike, calibrated tightening stance, badhte crude oil prices aur continued FII selling shamil hain. Brent crude $100 per barrel ke upar bana hua hai, jisse inflation concerns bhi badhe hain.
Pichhle session mein FII ne ₹6,121 crore se zyada ki selling ki, jabki DII ne kareeb ₹4,597 crore ki buying ki.
Ab investors ki nazar RBI policy, crude prices, global cues aur FII flows par bani hui hai.