Stock market crash today: BSE Sensex plunges over 1,100 points; Nifty50 below 25,900 - top reasons markets have tanked

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Times of India 7h ago

Stock market crash today: BSE Sensex plunges over 1,100 points; Nifty50 below 25,900 - top reasons markets have tanked - Times of India

Quick Summary:

Stock market crash today: Indian equity benchmark indices, BSE Sensex and Nifty50, tanked in trade on Monday driven by global cues.

This crash was influenced by mixed signals from regional markets and driven by losses in index heavyweights such as Reliance Industries, IT, and financial stocks.

One significant factor that is influencing foreign portfolios is the outperformance of the Chinese stocks which is reflected in the massive surge in the Hang Seng index by around 18 % in September.