₹6 lakh crore wiped out as D-Street bleeds red
Synopsis Indian stock markets experienced a significant downturn on Tuesday, with the Sensex and Nifty shedding substantial investor wealth. This decline was fueled by a
Synopsis Indian stock markets experienced a significant downturn on Tuesday, with the Sensex and Nifty shedding substantial investor wealth. This decline was fueled by a sharp sell-off in South Korea's Kospi index, renewed fears of US Federal Reserve rate hikes due to rising oil prices, and a resumption of selling pressure in IT stocks. The weakening Indian rupee also contributed to the negative sentiment, prompting profit-taking among investors.
The BriefWire