Sensex, Nifty crash today: Why is stock market down today? Top 3 reasons explained
The Sensex crashed over 800 points, or 1%, to hit an intraday low of 76,136, while the Nifty 50 plunged over 250 points or more than 1%, to drop to 23,787 during the session.
Sensex, Nifty crash today: The Indian stock market benchmarks, the Sensex and the Nifty 50, suffered significant losses in morning trade on Wednesday, 2 September, mirroring weak global sentiment.
The Sensex crashed over 800 points, or 1%, to hit an intraday low of 76,136, while the Nifty 50 plunged over 250 points or more than 1%, to drop to 23,787 during the session.
The selloff was broad-based as the BSE 150 Midcap and 250 Smallcap indices also dropped more than 1% each.
Investors lost about ₹ 4 lakh crore within the first 30 minutes of the session as the overall market capitalisation of BSE-listed firms dropped to ₹ 484 lakh crore from more than ₹ 488 lakh crore in the previous session.
(This is a developing story. Please check back for fresh updates.)
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