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Sensex tanks nearly 1,000 pts on US Fed's cautious stance

Indian stock markets tumbled on Thursday, with Sensex closing below 80,000 and Nifty below 24,000 for the first time since late November. The sell-off, driven by hawkish US Fed statements and foreign fund outflows, wiped out Rs 3.8 lakh crore in investor wealth. Selling pressure was broad-based, with ICICI Bank, Reliance, and HDFC Bank leading the decline.

Sensex sees worst week in 2 years, Rs 16 lakh crore rout on Dalal Street

Sensex suffered its worst week since June 2022, falling 4.5% due to escalating West Asia tensions and heavy foreign investor sell-offs. The market lost Rs 16.3 lakh crore in capitalization. Rising crude oil prices intensified fears of inflation, potentially delaying any rate cuts by RBI. Only the metals sector, led by JSW Steel, saw gains.

Sensex snaps 8-day losing streak, logs marginal gain
Sensex snaps 8-day losing streak, logs marginal gain
Sensex breaks 5-session losing run, rises 499 points
Sensex breaks 5-session losing run, rises 499 points
Sensex nears 79,000, RIL's mcap back above Rs 20 lakh crore
Sensex nears 79,000, RIL's mcap back above Rs 20 lakh crore
Sensex breaches 78,000 mark for 1st time, Nifty at record high as bank stocks surge
Sensex breaches 78,000 mark for 1st time, Nifty at record high as bank stocks surge

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