Indian stock market loses ₹12 lakh cr as Sensex crashes 1500 pts
pre-market1 source ↓written by the desknot a recommendation
- to close below
- 436 points
- to close below
- 23,400
- plunging
- 1,456 points
- in investor wealth
- ₹12 lakh crore
- which hover
- $105 per barrel
The Indian stock market faced a sharp decline on 12 May, with Nifty falling 436 points to close below 23,400 and BSE Sensex plunging nearly 1,456 points. This selloff wiped out approximately ₹12 lakh crore in investor wealth amid geopolitical tensions and rising crude oil prices, which hover around $105 per barrel. The weakened Rupee further exacerbated market concerns.
Not investment advice. For informational purposes only.