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Sensex tumbles over 590 points amid declining Fed rate cut hopes — 10 key highlights from the Indian stock market today

Stock Market Today: The Indian stock market continued its one-step-forward, one-step-back trajectory, with the benchmark indices experiencing a sharp pullback in trade on Thursday, October 30.

Diminishing hopes of a rate cut by the US Federal Reserve and weakness in the global markets rubbed off on investor sentiment back home.

BSE Sensex shed 593 points or 0.70% to end at 84,404. Its NSE counterpart, Nifty 50, settled the day at 25,878, down 176 points or 0.68%.

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