How much did Sensex & Nifty fall on October 1 and why?

Sensex fell 570.59 points to 71,909.70 and Nifty 50 declined 198.50 points to 22,421.95 on Thursday. Around ₹5 lakh crore in market value was eroded. Crude oil prices rising above $100/barrel, the rupee falling to 96.31/$, heavy foreign fund outflows and elevated US Treasury yields weighed on sentiment. Auto stocks were among the major laggards owing to weak September sales.

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