Nifty, Sensex Decline as RBI Maintains Hawkish Stance; IT and Metal Indices Weigh on Market Sentiment
Bears dominated the stock market again on August 8, as India’s key indices, Nifty and Sensex, closed lower. A significant drop in IT and Metal stocks contributed to the negative sentiment. At the close, the Sensex fell by 581.79 points or 0.73%, ending at 78,886.22. Meanwhile, the Nifty dropped by 180.50 points or 0.74%, finishing…