Markets decline nearly 2% amid Middle East tensions
after close1 source ↓written by the desknot a recommendation
- dropping
- 1,342.27 points
- 1.72%
- 76,863.71
- tumbled
- 394.75 points
- 1.63%
Market benchmark indices Sensex and Nifty fell nearly 2% on Wednesday, with the BSE Sensex dropping 1,342.27 points or 1.72% to 76,863.71. The NSE Nifty tumbled 394.75 points or 1.63% to 23,866.85. Global crude oil prices surged, raising concerns over supply disruptions and inflation, leading to heightened investor caution.
• 2,380 stocks declined on BSE, while only 1,881 advanced.
• Foreign fund outflows and selling in blue-chip bank stocks added pressure.
Not investment advice. For informational purposes only.