Kotak's Weak Q1 Results Drag Sensex, Nifty Down; Bank Stock Plummets 7%
The Indian stock market took a significant hit today, with both the Sensex and Nifty 50 closing in the red. The main culprit was a steep fall in Kotak Mahindra Bank's shares following its disappointing first-quarter earnings report, which created a ripple effect across the banking sector and the broader market.
By Vipin Bihari