Sensex crashes over 800 points, investors lose ₹7 lakh crore— Why is the Indian stock market falling? Explained
The Indian stock market suffered significant losses in intraday trading on Monday, December 8, with the benchmark indices falling by nearly 1%, and the mid- and small-cap segments experiencing deeper losses of up to 2%.
The Sensex crashed over 800 points, or nearly 1%, to an intraday low of 84,906.90, while the Nifty 50 dropped by 1% to an intraday low of 25,902.95. The sell-off was intense in mid and small-cap spaces as the BSE Midcap and Smallcap indices crashed more than 2% each during the session.
The overall market capitalisation of BSE-listed firms dropped below ₹464 lakh crore from ₹471 lakh crore in the previous session, making investors poorer by more than ₹7 lakh crore in a single session.
(This is a developing story. Please check back for fresh updates.)
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