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VERIFIEDMint Markets·negative

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

AI Summary
  • ·Domestic benchmark indices declined on October 8 due to the RBI's hawkish rate hike and rising crude oil prices.
  • ·Nifty 50 fell 0.76% and BSE Sensex dropped 0.63%.
  • ·The IT sector rose 1.8%, led by Tata Consultancy Services.
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