Stock market crash today: BSE Sensex plunges 700 points as bears attack; Nifty50 near 22,300 – Times of India
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Stock market crash today: BSE Sensex and Nifty50, the Indian benchmark equity indices, opened in red on Monday led by global cues and uncertainties. BSE Sensex plunged 700 points and Nifty50 was near 22,300. At 9:31 AM, BSE Sensex was trading at 73,594.17, down 651 points or 0.88%. Nifty50 was at 22,313.25, down 206 points or 0.92%.Benchmark indices had a mixed performance last week, closing on a weak note amidst uncertain signals in the geopolitical sphere and high US inflation levels.The market outlook ahead will be influenced by key global and domestic economic data, with tensions between Israel and Iran potentially causing a ripple effect.According to Jatin Gedia of Sharekhan, the index is retracing its recent rise, with crucial support at 22370 and hurdles at 22620 - 22650.In...