Share Price Target For Tata Motors, Hindalco, Pidilite, Lupin, Apollo Tyres, Godrej Consumer By Brokerages

Continuous foreign fund outflows and weak trends in the U.S. markets also drove domestic equities lower.

Extending its early trade decline, the 30-share BSE Sensex tumbled 570.09 points to 78,897.92. The NSE Nifty tanked 178.2 points to 24,119.30.

The rate increase cycle was paused in April last year after six consecutive rate hikes, aggregating to 250 basis points since May 2022.