On Friday, the Sensex dropped approximately 500 points, while the Nifty saw a decline of more than 80 points during the session, pressured by a downturn in financial stocks. This dip followed the Reserve Bank of India's proposal for stricter regulations on revolving credit facilities provided by non-banking financial companies. Bajaj Finance saw the steepest decline, falling by over 5%. Additionally, rising crude oil prices and negative sentiment from international markets contributed to the downward trend.
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