A Massive Over Rs 8,000 Cr FII Wipeout Today: What Are The Top 4 Reasons Behind Stock Market Crash Today?
India, June 8 -- Dalal Street Chooses Panic Over Patience- Indian markets ended the day on a pretty nervous kind of note, with the Nifty 50 sliding under 23,150 and the Sensex dropping close to 760 points. Investor wealth is reported to have lost more than Rs.3 lakh crore, like the whole market collectively decided that optimism was overrated for today. The vibe was clearly risk-off, pushed by rising geopolitical tensions in West Asia and ongoing FII selling, so buyers kept getting put on the back foot again and again. From the opening bell to the closing session, there really wasn't much of a comeback attempt. Realty and metal stocks took the lead on the decline, clocking losses of over 2%, while auto, IT, energy, power and oil & gas als...
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