Stock Market Crash: Nifty 50 Breaches Key Support Levels After 1% Drop, More Correction Likely, Say Analysts

Stock market crash: Nifty 50 breaches key support levels after 1% drop, more correction likely, say analysts

The Nifty 50 experienced its largest intraday decline in three months, dropping 1.02% to 24,712 amid concerns over US tariffs on Indian goods. Key stocks like Reliance and HDFC Bank contributed to the fall, with further downside expected if the index remains below critical support levels.

Taking Stock: Sensex sheds 850 points, Nifty down a percent near 24,700 as Trump tariffs weigh

Biggest Nifty losers were Shriram Finance, Sun Pharma, Tata Steel, Bajaj Finance, Trent, while gainers included Eicher Motors, HUL, Maruti Suzuki, Nestle India, ITC.

Sensex, Nifty 50 crash 1% each ahead of additional 25% US tariffs - OrissaPOST

Mumbai: Equity benchmark index Sensex tumbled 849 points to slip below the 80,000 level Tuesday due to widespread selling pressure after the US issued a draft notice over the implementation of an additional 25 per cent tariff on Indian products. Besides, persistent foreign fund outflows and a weak global trend also dampened investors’ sentiment. The 30-share BSE Sensex benchmark tumbled 849.37 points, or 1.04 per cent, to close at 80,786.54. Dur…