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Sensex tanks 826 points as US yield hits 5% after 16 years
Credit: IndiaTimes- Published on October 24, 2023
The Sensex fell by 826 points due to global factors and a rise in US 10-year treasury bill yields. The Nifty also lost 261 points. Investors are closely watching the Israel-Hamas conflict and the potential impact on crude oil prices. Concerns over elevated interest rates in the US are also affecting the market. Bajaj Finance and...