Sensex, Nifty crack over 3%; 5 factors that are spooking investors Moneycontrol 1 hour ago © Nishant Kumar Sensex, Nifty crack over 3%; 5 factors that are spooking investors
The Indian equity market suffered huge losses in intraday trade on April 12 as the benchmark Sensex cracked 1,898 points and the Nifty nosedived to below 14,250, leaving the bulls to lick their wounds.
The widespread selloff was observed from the word go as investors remained worried about the economic fallout of the fresh surge in coronavirus cases and the subsequent restrictions announced by several state governments.
The Sensex closed with a loss of 1,708 points, or 3.44 percent, down at 47,883.38 while Nifty settled 524 points, or 3.53 percent, lower at 14,310.80.
Sensex, Nifty fall over 1% each; 5 factors behind market selloff
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Sensex declines more than 1,100 points, Nifty below 14,800: 4 reasons for the fall
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