Rs 5 lakh crore wiped out! Sensex tumbles 961 points, Nifty below 25,200. 4 key factors why stock market fell today
Indian stock markets experienced a sharp decline for the second consecutive session, with significant drops in FMCG, auto, realty, and pharma sectors. This selloff erased over Rs 5 lakh crore in investor wealth, influenced by heavy FII selling and weak global market sentiment, including a tech selloff on Wall Street. Heightened US-Iran tensions also contributed to the market downturn.
Indian stock markets experienced a sharp decline for the second consecutive session, with significant drops in FMCG, auto, realty, and pharma sectors. This selloff erased over Rs 5 lakh crore in investor wealth, influenced by heavy FII selling and weak global market sentiment, including a tech selloff on Wall Street. Heightened US-Iran tensions also contributed to the market downturn.
