The Economic Times

Banks are not the only villains in Nifty's 600 points crash, autos fare worse with up to 4% index fall

Auto stocks led the market decline as the Nifty plunged 600 points, with the sector falling up to 4% amid rising crude oil prices and Fed-driven macro concerns. Weak sentiment was compounded by geopolitical tensions, while banks and IT also dragged indices lower despite broader sectoral pressure.