Markets jittery ahead of RBI's policy decision; Sensex falls 568 points

India’s benchmark indices declined about 1 per cent ahead of the RBI’s policy decision, as investors assessed the outcome of rising interest rates and tightening liquidity.

The Sensex fell 568 points and ended the session at 55,107, down 1.02 per cent — a third consecutive day of fall for the index. On the other hand, the Nifty ended the session at 16,416.35, a drop of 153 points, or 0.9 per cent, amid weak global cues.

Foreign portfolio investors (FPIs) sold shares worth Rs 2,294 crore, while domestic investors provided buying support to the tune of Rs 1,311 crore.

Investors were nervous ahead of