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The Economic Times
The Economic Times
Debaroti Adhikary

Why is market falling today? Sensex plunges 700 points, Nifty tests 24,000. 6 key factors behind the selloff

Nifty NSE Oil United States Iran India Middle East

The Indian stock market traded lower on Monday, with benchmark indices Sensex and Nifty falling up to 0.9% as the latest escalations in the Middle East war, rising oil prices and other factors dampened investor sentiment.

Sensex dropped around 712 to 76,857 while Nifty 50 fell 207 points to 24,000 during Monday's trading session. The sharp losses wiped off more than Rs 2 lakh crore in investor wealth, pulling down the total market capitalisation of all companies listed on BSE to Rs 479 lakh crore.

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