Sensex Crashes over 1,400 Pts From Day’s High, Nifty Below 23,150. 5 Triggers Behind Rs 9L Cr Wipeout
10 Articles
10 Articles
₹9 Lakh Crore Wiped Out As Sensex Plunges 778 Points: 5 Triggers Behind Sensex-Nifty’s Massive Fall
The Indian stock market went through a sharp fall on Tuesday after loosing all its gains from earlier in the day. According to some stock market experts, rising US bond yields, higher oil prices and tension in the Middle East made
₹9 lakh crore gone in a day! Stock market selloff drive over 200 stocks to their 52-week lows
Sharp selloff dragged the overall market capitalisation of the firms listed on the BSE to ₹472.4 lakh crore from ₹481.6 lakh crore in the previous session, making investors poorer by over ₹9 lakh crore in a single session.
The Economic Times
Times of IndiaSensex 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.
A sharp drop in the Sensex and Nifty during the trading session sent investors into a panic. Within a few hours, the market cap plummeted by nearly ₹9 lakh crore. What caused the sudden sell-off in the stock market? The Indian stock market witnessed a sudden, sharp drop during trading on Tuesday. Conditions remained normal for some time after the market opened, but selling pressure later increased. This impact was visible on both the Sensex and …
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