Nifty 50 tanks 300 points, Sensex crashes 1150 points; why is Indian 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 came under intense selling pressure on Wednesday, 3 June.
The Nifty 50 index opened with a cut at 23,415 and touched an intraday low of 23,151, logging over a 300-point loss within an hour of opening. The BSE Sensex had a downside opening at 74,507 and declined further to 73,492, logging an intraday loss of around 1150 points.
Likewise, the Bank Nifty index also opened on a gap-down note at 53,541 and touched an intraday low of 53,027, recording an intraday loss of over 650 points.
On the reasons that have put the Indian stock market under pressure since early morning trading, market experts said the key benc...
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