Bloodbath on D-street: Investors lose Rs 13 lakh crore in last 2 days- Top reasons why market is falling

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Times of India 1w ago

Bloodbath on D-street: Investors lose Rs 13 lakh crore in last 2 days- Top reasons why market is falling - Times of India

Quick Summary:

The Indian stock market experienced a significant drop for the second consecutive day, with the Sensex plummeting over 984 points, marking its lowest point in four months.

This decline, fueled by soaring retail inflation and foreign fund withdrawals, wiped out Rs 13 lakh crore from investor wealth in just two sessions.

The NSE Nifty continued its downward trend for the fifth consecutive session, declining by 324.40 points or 1.36 per cent to 23,559.05.