The Indian stock market crashed by more than 1,600 points Friday, sending the BSE Sensex below 72,000 for the first time ever, the Economic Times reports.
The Indian stock market crashed by more than 1,600 points Friday, sending the BSE Sensex below 72,000 for the first time ever, the Economic Times reports. The Nifty 50 dropped below the mark of 22,350. According to the Hindustan Times, foreign investors were net sellers for the 20th straight day, offloading shares for a total of $6.5 million.
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The Sensex closed with a heavy loss of 1,636 points, or 2.22%, at 71,947.55. The Nifty 50 crashed 488 points, or2.14%, to settle at 22,331.40. The mid and small-cap indices on the BSE plunged 2.5% eac...
Why did stock market crash today? Nifty50 ends below 22,350; BSE Sensex plunges over 1,600 points - top reasons for fall
Times of IndiaBSE Sensex closed at 71,947, down 1,636 points or 2.22%. While Nifty50 went below 22,350, BSE Sensex closed below 72,000. The broad-based decline eroded more than Rs 9 lakh crore from the total market...