On Black Monday, the Sensex plummeted over 800 points, closing at an intraday low of 74,493.97, while the Nifty fell to 22,548.35, both down 1.08%. The market was impacted by weak global cues, concerns over US growth, and tariff threats from President Trump, alongside persistent selling by foreign institutional investors. All major sectoral indices declined, with financial and IT stocks suffering significant losses, while the Nifty Pharma index was the sole gainer.
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0 in Finance and 0 in Crypto last weekSensex Plummets Over 1000 Points Amid Global Market Turmoil
The Sensex plummeted by over 1,000 points, closing at 76,330, driven by unfavorable global cues, significant FII sell-offs, and a historic low for the rupee against the dollar. Rising Brent crude prices raised inflation concerns, while anticipation of a less favorable Union Budget added to market anxiety.
about Sensex Plummets Over 1000 Points Amid Global Market Turmoil