Sensex falls 1,100 points from high, Nifty below 22,450, wiping out Rs 10 lakh crore
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
The Sensex and Nifty extended losses on Friday as crude oil prices surged and foreign investor selling resumed. The selloff wiped out nearly Rs 10 lakh crore in market value, with smallcap and midcap stocks leading declines. Oil supply concerns and geopolitical tensions weighed…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishThe sharp fall in the Indian index, led by small and midcaps, signals broad market outflows.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The Sensex and Nifty extended losses as crude oil prices surged.
- 02The selloff wiped out nearly 10 lakh crore in market value.
- 03Oil supply concerns and geopolitical tensions weighed on sentiment.