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VERIFIEDET Markets·negative

Why is market crashing today? Sensex slumps 700 points, Nifty below 22,400. 7 key factors behind Rs 7 lakh crore wipeout

AI Summary
  • ·Indian stock market experienced a significant decline on Thursday, with Sensex dropping over 700 points and Nifty falling below 22,400.
  • ·The downturn is linked to the Reserve Bank of India's (RBI) tightening policies.
  • ·Selling pressure from foreign institutional investors also contributed to the market crash.
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