Indian markets slumped on Thursday as Nifty and Sensex reversed early gains, dragged down by heavy selling across banking, metal, auto and FMCG stocks. Investor wealth fell by ₹2.73 lakh crore. A hawkish US Fed outlook and a sharp rise in crude prices further pressured sentiment, triggering broad-based declines.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets