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Stock market crash LIVE: BSE Sensex plunges over 2,000 points; investors lose Rs 9.51 lakh crore as US recession fears hit global markets hard

Times of India LogoTimes of India4h ago

Stock market crash LIVE: BSE Sensex plunges over 2,000 points; investors lose Rs 9.51 lakh crore as US recession fears hit global markets hard - Times of India

Quick Summary:

On Monday, oil prices experienced a slight decline as concerns about a potential recession in the United States, the world's largest oil consumer, overshadowed worries about escalating tensions in the Middle East and their potential impact on supplies from the region.

Stock market crash LIVE: BSE Sensex plunges over 2,500 points; investors lose Rs 9.

Share markets tumbled and bonds rallied in Asia on Monday as fears the United States could be heading for recession sent investors rushing from risk assets while wagering that rapid fire rate cuts will be needed to rescue growth.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 13:45:23 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 2219 words

Reading Time: 13 minutes read

Sentences: 83 lines

Sentence Length: 27 words per sentence (average)

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

Copyright Owner: © Times of India

News ID: 21927108

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 20 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 7 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

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Times of India is a fully independent (privately-owned) news outlet established in 1838 that covers mostly economy and business news.

The outlet is headquartered in India and publishes an average of 20 news stories per day.

It's most recent story was published 7 hours ago.

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