business π Sensex, Nifty tumble; Ola Electric surges
Indian benchmark indices, SENSEX and NIFTY50, fell over 1% on Thursday, September 24, due to global crude oil price hikes and rising US Treasury yields. The SENSEX dropped 1.07% to 74,024.27, while NIFTY50 fell 1.13% to 23,182.35 that day. Meanwhile, Ola Electric's shares jumped 6.4% on news of its proposed rights issue. Furthermore, Max Estates surged 8.22% after signing an MoU for a Ghaziabad land parcel. The market movement showed mixed reactions across various sectors. π