Indian stock markets fell in early trade on Thursday, with the Sensex dropping more than 500 points and the Nifty50 slipping below 22,400, according to NDTV. Shares across Asia were also trading lower, the outlet reported.
Other Indian financial publications put the decline in sharper terms. The Times of India reported the Sensex tanked over 850 points, while The Economic Times described a 700-point drop and cited seven factors behind a fall in market value. Moneycontrol reported the Sensex crashed 1,000 points with the Nifty near 22,250. The differing figures reflect the index's movement at different points during the session, as reported by each outlet.
The Hindu attributed the early decline to signals from the Reserve Bank of India pointing to further tightening. Moneycontrol listed rising crude prices among the main reasons for the selloff.
The reports did not specify which sectors or individual stocks led the losses, and no single cause was confirmed across all the outlets.
Investors will be watching whether the Sensex and Nifty hold their early levels through the session, and how the RBI's tightening stance and crude price movements shape trading in the days ahead.
