Sensex crashes over 700 points, Nifty 50 drops below 24,000- key factors behind stock market fall explained
AI Summary
On July 22, the Indian stock market experienced a significant selloff, with the Sensex dropping nearly 750 points and the Nifty 50 falling below the crucial 24,000 mark. Both mid- and small-cap segments underperformed, indicating a broad market decline.
The Indian stock market witnessed an across-the-board selloff in intraday trade on Wednesday, 22 July, with the benchmark indices falling by almost 1% during the session, while the mid- and small-cap segments underperformed.
The Sensex crashed nearly 750 points, or 1%, to hit an intraday low of 76,722. The NSE counterpart, the Nifty 50, fell below its crucial support of 24,000, hitting an intraday low of 23,973.70, falling over 200 points, or nearly 1%.
(This is a developing story. Please check back for fresh updates.)
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Original Article
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