Stock market crash: Sensex tumbles 700 points; what drove the Indian stock market down today?
6 days, 5 hours ago

Stock market crash: Sensex tumbles 700 points; what drove the Indian stock market down today?

Live Mint  

Stock market today: A day after clocking a strong gain of nearly 2 per cent, Indian stock market benchmarks—the Sensex and the Nifty 50—suffered significant losses on Friday, January 3, due to profit booking amid the strengthening US dollar. Meanwhile, its NSE counterpart, the Nifty 50 opened at 24,196.40 against its previous close of 24,188.65 and dropped 213 points, or 0.90 per cent, to 23,976 during the session. Nifty Bank fell 1.20 per cent, while the Nifty Financial Services index dropped 1.13 per cent. The Nifty Private Bank index declined 0.90 per cent, but the Nifty PSU Bank index rose 0.31 per cent.

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