The S&P BSE Sensex was down by 539.72 points to 77,516.79, while the NSE Nifty50 declined by 147.50 points to 23,455.60 as of 2:43 PM.

U.S. Treasury yield was higher as investors awaited key January jobs data which will provide fresh insights into the state of the labor market.

Mumbai’s homebuyers are set to benefit from the Reserve Bank of India’s (RBI’s) decision to cut the repo rate by 25 basis ...