The NSE Nifty tumbled 1.3% or 309.80 points to finish at 23,071.80. The BSE Sensex slumped 1.3% or 1,018.20 points to close at 76,293.60. The slump in the broader market was deeper with the Nifty Midcap 150 index tumbling 2.9% and the Smallcap 250 index 3.4%.
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore the Federal Reserves resolve to delay any further interest rate cuts.
Googles online calendar has removed default references for a handful of holidays and cultural events with users noticing that mentions of Pride and Black History Month, as well as other observances, no longer appear in their desktop and mobile applications.
