Why is stock market crashing today? Sensex slumps 1,000 points, Nifty below 22,300. 5 key factors behind Rs 9 lakh crore wipeout – FinSiddhi

Why is stock market crashing today? Sensex slumps 1,000 points, Nifty below 22,300. 5 key factors behind Rs 9 lakh crore wipeout

Sensex Nifty Crash: The Indian stock market endured a notable downturn, with both Sensex and Nifty witnessing considerable drops. In a single day, Foreign Institutional Investors offloaded equities worth more than Rs 10,000 crore. The climb in bond yields added to negative investor sentiment, exacerbating market volatility. Additionally, the rupee weakened against the dollar, pushed down by soaring Treasury yields.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.