BSE Sensex and NSE Nifty 50 ended more than 1 per cent down each on Monday, on tepid global cues after US Fed chair Jerome Powell’s ultra-hawkish statement at the Jackson Hole event. S&P BSE Sensex fell 861.25 points or 1.46 per cent to end at 57,972.62, and the NSE Nifty 50 closed 246 points or 1.40 per cent lower at 17,312.90. Index heavyweights such as Infosys, ICICI Bank, HDFC Bank, Tata Consultancy Services (TCS), and Reliance Industries Ltd (RIL), among others contributed the most to the indices’ fall. S&P BSE Midcap and small cap indices also ended lower. S&P …
