Economy
Sensex drops 618 points, Nifty falls below 22,600 amid Jio debut

Sensex drops 618 points, Nifty falls below 22,600 amid Jio debut

Hindustan Times2h
THE BRIEF
1

Domestic equity benchmarks opened lower on Wednesday as investors monitored the market debut of Reliance-backed Jio Platforms amid cautious global cues.

2

The BSE Sensex fell 617.84 points to 72,980.83, and the NSE Nifty declined 164 points to settle at 22,585.75 during the session.

3

Investor sentiment was weighed down by elevated crude oil prices and caution ahead of the US Federal Reserve's upcoming interest-rate decision.