NIFTY50 declines over 400 points amid inflation fears
after close1 source ↓written by the desknot a recommendation
- slumping
- 400 points
- falling below
- 75,000
- 7%
- 6%
- 5.6%
Indian equity benchmarks faced significant selling pressure on Friday, with NIFTY50 slumping over 400 points and SENSEX falling below 75,000. Key losers included L&T down 7%, Hindalco down 6%, and Tata Steel down 5.6%. Elevated crude oil prices and rising inflation concerns contributed to the market's decline.
Not investment advice. For informational purposes only.