Why is the stock market down today? 3 factors behind Sensex, Nifty 50 fall

Domestic benchmark indices further declined on October 8 due to the RBI’s hawkish rate hike raising financial concerns and rising crude oil prices. Nifty 50 fell 0.76% while BSE Sensex dropped 0.63%. The IT sector rose 1.8% led by Tata Consultancy Services ahead of earnings.

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