Nifty 50 tanks 250 points, Sensex crashes 900 points; why is Indian stock market falling today? Explained with 5 reasons
Stock market crash, June 3 -- Following the escalation of the US-Iran war and soaring crude oil prices, key Dalal Street indices are under intense selling pressure. The Nifty 50 index opened lower at 23,415 and touched an intraday low of 23,225, logging over 250 points loss within an hour of the Indian stock market opening. The BSE Sensex had a downside opening at 74,507 and touched an intraday low of 73,719, logging an intraday loss of around 930 points. Likewise, the Bank Nifty index opened with a downside gap at 53,541 and touched an intraday low of 53,127, recording an intraday loss of 587 points during the Opening Bell.
On the reasons that have put the Indian stock market under pressure since early morning trading, market experts sa...
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