Indian indices closed in the deep red on Thursday, with the Sensex plunging over 950 points and the Nifty falling below the 24,000 level.

Dear Trader… The decline followed the Federal Reserve’s signal of fewer interest rate cuts in 2025, dampening risk appetite and raising concerns about increased foreign outflows from domestic markets. The market capitalization of all listed companies on the BSE decreased by Rs 2.64 lakh crore to Rs 449.96 lakh crore.