Financial Services continued to endure the worst of the unrelenting foreign selling with these investors pulling ₹12,745 crore from the sector in this period, after selling a similar amount in the first half of the month, taking the total selling in January to almost ₹25,000. In 2024, foreign investors offloaded financial shares worth ₹58,280 crore.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.