Stock market today: Nifty50 below 24,600; BSE Sensex drops over 700 points

Indian stock markets opened lower on Thursday, with both Nifty50 and Sensex declining due to global risk-off sentiment and rising US bond yields. Concerns over the US fiscal deficit and debt are impacting investor confidence, even as domestic consumption-driven companies show positive performance. Foreign portfolio investors were net buyers, while oil prices decreased amid rising US crude inventories.