The benchmark Nifty started the session on a flat note but as the day progressed it slipped further by 70 points from previous closing value, led by sell-off in capital good, metal, auto, banking, power and healthcare stocks.
The fall was always on the cards with spiraling inflation and high crude oil prices, says Ajay Srivastava, CEO of Dimensions Consulting.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!