Nifty struggles below 7500, Sensex down over 200 pts; FMCG tanks

The Sensex is down 208.42 points or 0.8 percent at 24595.86, and the Nifty is down 61.50 points or 0.8 percent at 7477.25. About 889 shares have advanced, 1522 shares declined, and 141 shares are unchanged.

FMCG and healthcare stocks are under immense selling pressure.

The Indian benchmark 10-year bond yield slumped to a near five-month low on Tuesday after data showing headline retail inflation eased in February gave rise to expectations for a cut in the central bank’s key policy rate next month.

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Posted in: Indian Market Tips