Sensex Crashes over 1,400 Pts From Day’s High, Nifty Below 23,150. 5 Triggers Behind Rs 9L Cr Wipeout
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4 Articles
Sensex crashes over 1,400 pts from day’s high, Nifty below 23,150. 5 triggers behind Rs 9L cr wipeout
Indian markets faced a notable downturn, witnessing significant erosion of capitalisation. Factors like climbing US bond yields and escalating oil prices heightened inflation fears among investors. Anticipation of a rate hike by the Federal Reserve added to the market's woes. Additionally, growing geopolitical tensions in the Middle East, combined with a thriving IPO environment, intensified the pressure, culminating in a widespread sell-off acr…
Stock Market Big Fall: The stock market's dynamics changed so dramatically on Tuesday that investors were left sweating. The Sensex and Nifty, which initially opened with strong gains, crashed in no time. The BSE Sensex closed 1300 points below its day's high.
The stock market witnessed a significant decline on Tuesday. The Sensex has fallen nearly 1,300 points from its peak earlier in the day, resulting in losses of over ₹9 lakh crore for investors.
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