Sensex drops 600 points, wiping out ₹7 lakh crore
after close1 source ↓written by the desknot a recommendation
- to close
- 85,102.69
- in market value
- ₹7 lakh crore
- also fell
- 226 points
- 25,960.55
- companies decreased
- ₹464 lakh crore
India’s benchmark equity indices faced a sharp decline, with the Sensex sinking 610 points to close at 85,102.69, wiping out ₹7 lakh crore in market value. The Nifty 50 also fell 226 points to 25,960.55. Factors include a weak rupee, heavy foreign selling, and rising global uncertainties ahead of the US Fed decision. 📉
Market capitalization of BSE-listed companies decreased to ₹464 lakh crore, reflecting heightened volatility and analysts' expectations of choppy markets ahead.
Not investment advice. For informational purposes only.