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Market move▼ Bearish for Indian equities
Why is market falling today? Sensex tumbles 700 points, Nifty below 22,950. 6 key factors behind Rs 5 lakh crore rout
The brief
- Sensex dropped more than 500 points at the open
- Nifty50 opened below 23,000
- Broad market weakness puts Indian equity investors at risk of further volatility
- Adani Enterprises shares drop 2% after Adani group entities swap 86 lakh shares for ₹2,498 crore | Details here
- Sollfege Smart Electronics IPO to raise ₹21.7 cr, open on Sep 30
- 10 BSE 500 smallcaps rose for five sessions despite a Sensex decline
- BSE cautions investors as international ETFs trade at steep premiums to NAV
- Augment India may sell 85 lakh Clean Max Enviro shares for ₹1,063 crore
Sensex and Nifty fall as crude rebounds
On September 28, the Sensex dropped more than 500 points at the open and the Nifty opened below 23,000. The Sensex later fell 900 points intraday as the Nifty slipped below 22,900; midcap and smallcap indices were down 1% in early trade.
Monday, 28 September
- Why is market falling today? Sensex tumbles 700 points, Nifty below 22,950. 6 key factors behind Rs 5 lakh crore rout