Sensex nosedives 1,024 points on rate hike fears; HDFC twins top drags
The Hindu
BSE Sensex plummets 1,023.63 points or 1.75% to finish at 57,621.19; NSE Nifty slumps 302.70 points or 1.73% to 17,213.60
Equity benchmark Sensex crashed 1,024 points to end below the 58,000-level on February 7 as investors fretted over policy tightening by central banks amid elevated inflation.
Unabated foreign fund outflows added to the gloom, traders said.
Declining for the third straight session, the 30-share BSE Sensex plummeted 1,023.63 points or 1.75% to finish at 57,621.19. Similarly, the broader NSE Nifty slumped 302.70 points or 1.73% to 17,213.60.
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.