Hawkish RBI rattles D-Street: Sensex tumbles 582 points, Nifty below 24,150

The RBI kept rates unchanged for the ninth consecutive meeting and maintained its 'withdrawal of accommodation' policy stance. Governor Shaktikanta Das cautioned against complacency despite the easing of core inflation, noting that the pace of inflation moderation has been slow. The market capitalisation of all listed companies on BSE dropped by Rs 2.8 lakh crore to Rs 445.77 lakh crore.