Stock market crash, May 12 -- A confluence of strong headwinds, in terms of the Middle East conflict, higher crude oil prices, a weaker rupee, massive foreign capital outflows, and waning expectations of monetary easing are keeping the Indian stock market under pressure.
On Tuesday, 12 May, the Sensex and the Nifty 50 declined about 1% in intraday trade, falling for the fourth consecutive session. In these four days, they have shed 3% each, while investors have lost about Rs.11 lakh crore as the cumulative market capitalisation of BSE-listed firms dropped to Rs.462 lakh crore during Tuesday's session from Rs.473 lakh crore on Wednesday, 6 May.
No one can predict which way the market will go from here. Can the market rebound from here? I...
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