Why is the stock market down today? 3 factors behind Sensex, Nifty 50 fall

What happened: Indian benchmark indices extended losses on Thursday, October 8, after the RBI's hawkish rate hike and rising crude oil prices weighed on sentiment. The Nifty 50 fell 0.76% to 22,424.70 and the BSE Sensex declined 0.63% to 72,187.97. Key numbers: Nifty 50 down 0.76% at 22,424.70; Sensex down 0.63% at Why it matters: Analysts cited rising domestic rates, crude above $100, a weaker rupee and elevated US Treasury yields as pressures on equities. They said rallies may face selling until oil or US yields cool, with rate-sensitive and high-valuation segments under pressure. Coverage: 4 outlets in 24h

Market decline driven by three unspecified factors impacting Sensex and Nifty 50.

Market decline driven by three unspecified factors impacting Sensex and Nifty 50. — impact context not separately stored; see What changed.