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via economictimes.indiatimes.comMarkets

Why is market falling today? Sensex drops 600 points, Nifty below 22,600

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Indian stock markets fell sharply on Thursday, with Sensex dropping over 600 points and Nifty 50 slipping below 22,600 amid expiry-day volatility. The selloff wiped out nearly Rs 5 lakh crore in investor wealth, while broader markets, sectoral indices and market breadth remained…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishSharp selloff in Indian indices that wiped out nearly Rs 5 lakh crore in investor wealth.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Sensex dropped over 600 points on Thursday.
  2. 02The Nifty 50 slipped below 22,600.
  3. 03Expiry-day volatility weighed on the market.
  4. 04The selloff wiped out nearly Rs 5 lakh crore, with breadth firmly negative.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Nifty 50INDEX:NSEIIndex22,731.05+0.38%today -0.35%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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