Sensex Dives 1,045 Points Amid Sharp Spike in Oil Prices, Fears of Further Monetary Tightening
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13 Articles
A massive stock market crash on Thursday wiped out investors' money, wiping out ₹10 lakh crore in an instant. The Sensex fell below the 72,000 level, and the Nifty breached the 22,200 support level.
Sensex-Nifty Crash: Market Loses Over ₹10 Lakh Crore As Crude Tops $104, RBI Tightens Policy
The Indian stock markets were hit hard with selling on Thursday, October 8, when the Sensex fell over 1,000 points, while the Nifty fell below 22,250 marks. The fall became even worse as the markets opened on a weak
Stock Market Crash: The Indian stock market witnessed a sharp decline for the second consecutive trading session on Thursday, October 8. Selling intensified after early trading, with the Sensex falling more than 909 points to around 71,729, while the Nifty 50 fell nearly 323 points to 22,280. The RBI's tightening monetary policy, continued selling by foreign investors, rising crude oil prices, and weak global cues are being cited as the main rea…
Nifty touches fresh 52-week low, Sensex tanks 1,045 points over global jitters
Digital Desk | Mumbai, Oct 8 (IANS) Indian equity benchmarks witnessed a sharp sell-off on Thursday as a steep rise in global crude oil prices, concerns over prolonged tight monetary conditions, and continued foreign fund outflows rattled investor sentiment. Brent crude surged 4 per cent and crossed the $104-per-barrel mark, stoking fears of persistent inflationary pressures and raising concerns about the outlook for interest rates. The bench…
The Indian stock market witnessed a massive sell-off on Thursday. The market plunged during the trading session, raising concerns among investors. The Sensex fell 1,045 points to close at 71,593.24, while the Nifty also declined 371 points.
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