What dampened market sentiment? Here are five factors

Rupee at record low: A falling rupee weighed heavy on investor sentiment. The local currency plunged to its fresh record low of 73.77 against the dollar early Thursday.

Boiling oil: Brent crude was trading over $86 per barrel in morning deals while WTI crude was above $76 per barrel.

Rising bond yields: Hardening bond yields are creating waves of panic in the domestic equity market. India’s 10-year bond yield was hovering above 8.18 per cent on Thursday against previous close of 8.11 per cent.

Foreign capital outflows: Investors remained concerned over sustained foreign money outflows as foreign portfolio investors offloaded shares worth Rs 455.02 crore in October so far.

Weak Asian cues: Subdued Asian markets spoiled market sentiment too. Japan's Nikkei edged lower in choppy trade on Thursday morning.

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