The 30-share BSE Sensex dipped 388.19 points, or 0.49 per cent, to settle at 78,154.25. The 50-share NSE Nifty fell 112.10 points, or 0.46 per cent, to end at 24,471.70

The share market reflects the investor sentiment based on stock fundamentals such as a company’s financial health, its future growth prospects and macroeconomic factors. Thus, it serves as economic indicator to understand the health of an economy