Indian stocks slide on September 29, wiping nearly Rs 4 lakh crore from BSE-listed stocks’ market value
The Economic Times reports that the Sensex fell nearly 700 points and the Nifty 50 about 166 points on Tuesday morning, with elevated oil prices and surging bond yields among the headwinds.
TLDR
The Economic Times reports that Indian stocks fell further on September 29, a day after the Sensex and Nifty had each dropped more than 1.5%. Within minutes of Tuesday’s open, BSE-listed stocks lost nearly Rs 4 lakh crore in total market value, bringing it to Rs 474 lakh crore. The Sensex traded below 72,633 and the Nifty 50 below 22,650 that morning.
Combined views
4.7K
1 Source, first seen 3h ago
