- The BSE Sensex and NSE Nifty fell nearly 1% due to fears of further interest rate hikes following comments from RBI Governor Raghuram Rajan that inflation remains high. - Banking stocks such as State Bank of India and ICICI Bank declined nearly 2% each. - FIIs were net sellers of Indian stocks worth Rs. 244.95 crore while DIIs were net buyers of Rs. 115.27 crore.