Indian stock markets fall sharply amid foreign investor selling
India's benchmark stock indices, the Sensex and Nifty 50, dropped significantly during trading hours on Thursday. The Sensex fell nearly 700 points, while the Nifty 50 declined over 245 points. Sustained selling by Foreign Institutional Investors in large-cap stocks is cited as a primary cause. This trend is linked to elevated US bond yields, which are prompting foreign investors to pull capital from riskier markets.
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