Sensex crashes over 700 points, Nifty 50 drops below 24,000- key factors behind stock market fall explained
New Delhi, July 22 -- The Indian stock market witnessed an across-the-board selloff in intraday trade on Wednesday, 22 July, with the benchmark indices falling by almost 1% during the session, while the mid- and small-cap segments underperformed.
The Sensex crashed nearly 750 points, or 1%, to hit an intraday low of 76,722. The NSE counterpart, the Nifty 50, fell below its crucial support of 24,000, hitting an intraday low of 23,973.70, falling over 200 points, or nearly 1%.
The Nifty Midcap 100 and Smallcap 100 indices fell up to one-and-a-half per cent during the session.
(This is a developing story. Please check back for fresh updates.)
Published by HT Digital Content Services with permission from MINT....
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