Stock market crash today: Nifty50 opens below 22,500; BSE Sensex down 1,100 points

Stock marketplace clang today: Nifty50 and BSE Sensex plunged successful opening commercialized connected Monday. Nifty50 opened the trading time beneath 22,500 and BSE Sensex dropped implicit 1,100 points. At 9:16 AM, Nifty50 was trading astatine 22,488.20, down 331 points oregon 1.45%.

BSE Sensex was astatine 72,477.66, down 1,106 points oregon 1.50%.US markets witnessed a crisp selloff past week. All 3 large indices closed astatine their lowest levels successful much than 7 months connected Friday, and the Dow officially entered correction territory arsenic the ongoing struggle successful the Middle East dampened capitalist sentiment.Asian equities came nether unit portion crude lipid prices moved higher amid escalating tensions, with Iran-backed Houthi forces joining the struggle and an expanded US subject beingness raising fears of a prolonged standoff.

Foreign organization investors remained nett sellers, offloading shares worthy Rs 4,367.30 crore connected Friday. In contrast, home organization investors provided immoderate enactment by purchasing equities worthy Rs 3,566.15 crore.(Disclaimer: Recommendations and views connected the banal market, different plus classes oregon idiosyncratic concern absorption tips fixed by experts are their own. These opinions bash not correspond the views of The Times of India)