New Delhi, April 2 -- The Sensex and the Nifty 50 suffered massive losses of over 2% each in morning deals on Thursday, April 2. A day after rising by more than half a per cent, the market benchmarks resumed their downward march after US President Donald Trump's address to the nation.
The Sensex plunged over 1,500 points, or 2%, to an intraday low of 71,608, while the NSE barometer Nifty 50 crashed more than 450 points, or 2%, to the day's low of 22,209.
Investors lost Rs.9 lakh crore in a session as the overall market capitalisation of BSE-listed firms dropped to Rs.413 lakh crore from Rs.422 lakh crore in the previous session.
Let's take a look at five key factors behind the market selloff:
As per reports, while the US President sai...
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