Stock market witnesses sharp sell-off, indices fall over 1%
At close, the Sensex was down 1065.78 points or 1.28% at 82,180.47, and the Nifty was down 353 points or 1.38% at 25,232.50.
At close, the Sensex was down 1065.78 points or 1.28% at 82,180.47, and the Nifty was down 353 points or 1.38% at 25,232.50.
The fall in the market was witnessed amid volatility led by concerns over rising geopolitical risks, FII selling, and weak Asian markets.
The move was driven by optimistic sentiment following the Reserve Bank of India's (RBI) interest rate reduction.
Foreign investors withdrew ₹10,355 crore from equity markets in the last four trading sessions in April due to sweeping tariffs imposed by the US on most nations, including India.
Led by technology companies, the total market capitalisation of top 50 firms in the Asia-Pacific (APAC) region surged to $8.1 trillion in 2024, reflecting a 20.6 per cent year-on-year increase, according to a new report.
Industry body Assocham on Sunday advised investors to adopt a "wait and watch" attitude due to the impending state assembly elections which might lead to volatility in the country's financial markets.
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The key Indian equity market indices traded on a flat-to-negative note during the early morning trade session on Tuesday, as…
Key Indian equity indices traded on a flat-to-negative note during the early morning trade session on Tuesday, as rising geo-political…
Expectations of a monetary policy easing, coupled with hopes of healthy quarterly results and broadly positive global cues, buoyed the…
