Indian Stock Market Plunges; Sensex Down 700+ Points, Nifty Below 23,000 Over Seven-Week Losing Streak
Posts on X claim sharp declines in Indian indices amid user opinions on causes.
TLDR
Users on X reported Nifty falling 1400 points and Sensex dropping 4500 points over 15 sessions. One post noted markets crashing for 28 straight days after a 7.8 percent GDP release on 31 August. Others attributed the drops to over-taxation or earlier policies. Additional comments suggested shifting to FDs and gold for safer returns as the post-Covid bull run ended. The posts highlight ongoing portfolio losses without official responses mentioned.
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