Sensex closes 581 points down
January 27, 2022 17:17
The Indian equities markets key indices close in the negative for the sixth time in the past seven trading sessions on Thursday with Sensex and Nifty 50 sliding by around 1 per cent.
The stock markets opened sharply down on Thursday after the US Federal Reserve gave signal on interest rate hike and reaffirmed halting the bond-buying programme.
The benchmark Sensex opened in the red at 57,317.38 points and tumbled to a low of 56,439.36 points in the intra-day.
The last hour recovery in the banking and auto stocks helped the benchmark indices recover some losses. However, it was not enough to help the index turn into positive terrain.