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Sensex falls 4000 pts this week, Nifty below 23600: Key factors behind fall

Business Standard LogoBusiness Standard8h ago

Sensex falls 4000 pts this week, Nifty below 23600: Key factors behind fall - Business Standard

Quick Summary:

Asia-Pacific stocks traded in red with Japan's Nikkei down 0.29 per cent, China's mainland CSI 300 down 0.45 per cent, Shangai down with a negative bias, and Hong Kong's Hang Seng down 0.16 per cent.

Around 3:16 PM, on BSE, only two stocks--Nestle India and ICICI Bank--were the top gainers, all others were trading in red with Tech Mahindra, Mahindra & Mahindra, IndusInd Bank among top losers."The FII buying witnessed in early December is getting reversed now.

Similarly, there was a blood bath in the European markets as well with Germany's DAX down 1.13 per cent, United Kingdom's FTSE down 0.73 per cent, and the French stock exchange index CAC down 1.17 per cent.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-20 @ 15:48:19 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 585 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24567182

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 279 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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Publisher ID: #49

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