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The Economic Times
The Economic Times
Debaroti Adhikary

Why did stock market fall today? Oil spike, IT rout among 6 key factors behind 800-point Sensex slump; Nifty below 23,450

The Indian stock market tumbled for the third straight day, with Sensex and Nifty closing in the deep red as soaring oil prices and other concerns spooked investors.

Sensex tumbled over 813 points to close at 74,764, while the Nifty50 dropped around 204 points to end the session at 23,431. The losses wiped off over Rs 2 lakh crore from the total market capitalisation of all companies listed on BSE, pulling it down to Rs 484 lakh crore.

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