Sensex slides for 5th day in row, below 64000 after 4 months

The Sensex fell below the 64,000 mark for the first time in four months due to global factors impacting investor sentiment. The index closed 523 points down at 64,049, with 24 of 30 Sensex constituents in the red. Foreign funds recorded a net outflow of Rs 4,237 crore, while domestic funds were net buyers. Global factors such as the Israel-Hamas conflict, crude oil price volatility, and rising US government bond yields have led to a 'risk-off' sentiment among investors, resulting in strong selling by foreign portfolio investors in the Indian market.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SQOjv1f
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