A surge in US treasury yields overnight to a 16-year high also kept investors on the edge, with market participants weighing the impact of elevated interest rates on equity valuations. BSE’s Sensex dropped 610.37 points, or 0.92%, to close at 65,508.32. NSE’s Nifty fell 192.90 points, or 0.98%, to end at 19,523.55.
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