💨 Abstract

Indian benchmark stock indices, Sensex and Nifty, slumped for the seventh consecutive session on Monday, reaching a new multi-month low. The IT, media, and oil & gas sectors were the top losers, while metal, PSU bank, and realty sectors were the top movers. The consolidation in the market was due to a slowdown in earnings growth, a weak rupee, and rising domestic inflation.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖