Sensex Crash today: People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.
Sensex crash today: The Indian stock market extended losses for the third straight session today (April 16) as Nifty 50 index opened lower at 22,125 level and touched an intraday low of 22,103 mark, losing almost 650 points in three days. BSE Sensex opened lower at 72,892 and went on to touch an intraday low of 72,814 mark, losing around 2,184 points in three sessions. Bank Nifty today opened at the 47,436 level and went on to touch today’s low of 47,316 as well.
Read more: Apple in talks with Murugappa Group, Titan to source iPhone camera parts: Report
How much have stock markets lost in three sessions?
In the last three sessions, Nifty 50 index crashed nearly 650 points, BSE Sensex lost around 2,200 points and Bank Nifty index fell 2,700 points. Meanwhile, small-cap index is up nearly one percent and mid-cap index is up around 0.40 percent.
Read more: Gujarat couple donates ₹200 crore wealth to become monks: Watch royal ceremony
Iran-Israel conflict reason for Sensex crash?
Escalating tension in the Middle East due to the Israel-Iran conflict is one of the reasons for the stock market fall as the situation has resulted in geopolitical uncertainty in the region.
Read more: If you invested in this IPO, your money could almost double in one year
How are global markets doing?
Broad selling was seen across global bourses as the US stock market ended lower on Friday and on Monday, Asian markets like Nikkei, Hang Seng, Kospi traded under significant pressure.
Could this be a crude oil price effect?
Yes, crude oil prices have surged to the six-month high in domestic and international markets rising almost 6 per cent in March 2024 and 3 per cent in April till now.
Read more news like this on HindustanTimes.com
News Related-
Anurag Kashyap unveils teaser of ‘Kastoori’
-
Shehar Lakhot: Meet The Intriguing Characters Of The Upcoming Noir Crime Drama
-
Watch: 'My name is VVS Laxman...': When Ishan Kishan gave wrong answers to right questions
-
Tennis-Sabalenka, Rybakina to open new season in Brisbane
-
Sikandar Raza Makes History For Zimbabwe With Hattrick A Day After Punjab Kings Retain Him- WATCH
-
Delayed Barapullah work yet to begin despite land transfer
-
Army called in to help in tunnel rescue operation
-
FIR against Redbird aviation school for non-cooperation, obstructing DGCA officials in probe
-
IPL 2024 Auction: Why Gujarat Titans allowed Hardik Pandya to join Mumbai Indians? GT explain
-
From puff sleeves to sustainable designs: Top 5 bridal fashion trends redefining elegance and style for brides-to-be
-
The Judge behind China's financial reckoning
-
Arshdeep Singh & Axar Patel Out, Avesh Khan & Washington Sundar IN? India's Likely Playing XI For 3rd T20I
-
Horoscope Today, November 28, 2023: Check here Astrological prediction for all zodiac signs
-
'Gurdwaras are...': US Sikh body on Indian envoy's heckling by Khalistani backers