Report
Sensex slumps 1,000 points as RBI stance, foreign selling and oil prices weigh
Economic Times reported IT shares rising despite broader losses, with the Nifty below 22,500 at 10:15 a.m.
TLDR
On October 8, Economic Times reported that the Sensex had slumped 1,000 points. An earlier report had it down around 400 points at 10:15 a.m. The publisher linked pressure on Indian stocks to the RBI’s calibrated tightening stance, continued foreign institutional investor selling and rising oil prices. IT shares gained despite broader losses.
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