Stock market crash today: Why BSE Sensex, Nifty50 have plunged in trade hit by US recession fears – top 5 reasons
Stock market crash today: BSE Sensex and Nifty50, the Indian equity benchmark indices, crashed in trade on Monday tracking global cues. BSE Sensex ended the day at 78,759.40, down 2,223 points or 2.74%. Nifty50 ended the day at 24,049.95, down 668 points or 2.70%.
ALSO CHECK | Stock market crash LIVE: BSE Sensex, Nifty50 plunge as US recession fears hit global markets hard
In intra-day trade, BSE Sensex plummeted over 2,600 points and the Nifty slipped below the 24,000-level.Consequently, the market capitalization of all listed companies on the BSE decreased by Rs 17 lakh crore. The decline was more pronounced in smaller and midcap stocks.
Dr. V K Vijayakumar of Geojit Financial attributed the recent rally in global stock markets to…
ALSO CHECK | Stock market crash LIVE: BSE Sensex, Nifty50 plunge as US recession fears hit global markets hard
In intra-day trade, BSE Sensex plummeted over 2,600 points and the Nifty slipped below the 24,000-level.Consequently, the market capitalization of all listed companies on the BSE decreased by Rs 17 lakh crore. The decline was more pronounced in smaller and midcap stocks.
Dr. V K Vijayakumar of Geojit Financial attributed the recent rally in global stock markets to…
