The BSE Sensex slumped 780 points or 1 per cent and logged an intraday low at 76,263.29.
Foreign Institutional Investors (FIIs) sold a net worth of Rs 4,341.95 crore in Indian equities on January 16, 2024. Meanwhile, in January 2025, FIIs withdrew Rs 40,055 crore so far as per data by NSDL.
Wall Street on Thursday closed on a lower note after economic data on Thursday indicated consumer spending remained strong, while the labor market is also on solid footing, giving the Fed room to maintain a slow pace in cutting interest rates this year.
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