Economy

Sensex Drops 188 Points as Markets Extend Losses

Business Standard1h
THE BRIEF
1

The Indian stock market closed lower for the second consecutive day, with the Sensex falling 188 points and the Nifty ending at 24,436.

2

Market sentiment was dampened by rising global crude oil prices, which pressured domestic indices and led to a sell-off in energy-sensitive sectors.

3

Tata Group stocks saw a notable decline following the announcement that Chairman N. Chandrasekaran will step down from his position in February 2027.