It was a bad day for the Indian stock market on December 8, with the benchmark indices ending with steep losses. The Sensex shed more than 600 points, closing at 85,102.69 points. Meanwhile, the Nifty 50 closed below the 26,000-mark, down 226 points. With this, Indian investors lost over Rs 7 trillion in a single day. This comes despite robust domestic growth figures, and the central bank’s recent repo rate cut.
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