Business Blog: IT, consumer stocks weigh on sensex, Nifty amid global risk aversion

Thursday, August 17, 2023

IT, consumer stocks weigh on sensex, Nifty amid global risk aversion

Indian shares fell due to weakness in global markets as investors worried about China’s economy and interest rates in the United States. The Nifty 50 index fell 0.51% to a more than five-week low of 19,365.25, while the S&P BSE Sensex fell 0.59% to a low of 65,151.02.

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