Sensex drops over 600 points, Nifty 50 falls below 24,050- 5 key factors behind the stock market decline explained
New Delhi, July 14 -- The Indian stock market traded lower in morning trade on Tuesday, 14 July, due to a combination of factors, including geopolitical tensions and rising crude oil prices.
Equity benchmark Sensex dropped more than 600 points to an intraday low of 77,001, while the Nifty 50 fell below 24,050.
Nifty Bank, Financial Services, Auto, and Realty indices crashed over 1% in morning deals.
Let's take a look at five key factors which are weighing on market sentiment:
Flaring up tensions in the Middle East is the biggest factor weighing on market sentiment.
The US-Iran conflict has intensified with reports suggesting the US launched its third consecutive night of strikes on Iran.
US President Donald Trump has announced a fre...
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