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Market move▼ Bearish for Indian equities
Sensex, Nifty end sharply lower; PSU Bank shares bear brunt
The brief
- Sensex and Nifty ended sharply lower
- PSU Bank shares bore the brunt
- The sell-off puts pressure on PSU bank stocks and other Indian equities
- YES Bank, BOI, BoM, Union Bank, PNB, RBL Bank: Why bank stocks fell today
- Central Bank of India announces deferment of bank strike
- Nifty 50 down 12% from September 2024 peak: Motilal Oswal
- Market under pressure; PSU Bank shares drop
- Nifty PSU Bank tanks 2%, stocks dip up to 4%; Analysts flag rate hike woes
Indian equities decline on September 28
The Nifty slipped below 22,800 during the session, with metal shares declining. The Sensex and Nifty later ended sharply lower, while PSU Bank shares bore the brunt.
Monday, 28 September
- Sensex, Nifty end sharply lower; PSU Bank shares bear brunt