Sensex falls 793 points as FPIs weigh Mauritius tax issue

Investor sentiment was impacted by tax treaty changes between India and Mauritius, leading to a 1.1% drop in Sensex. Nifty closed at 22,519. Various factors like US inflation, West Asia tensions, and FPI outflows contributed to market volatility. Foreign portfolio investors were net sellers at Rs 8,027 crore, which translates to nearly $1 billion from the stock market.

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