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Why is market falling today? Rs 79,000-crore wiped out as Sensex tumbles over 500 pts, Nifty dips below 24,250

In a troubling trend, Nifty and Sensex slipped for a fifth day on Monday, as escalating oil prices and struggling IT stocks soured investor confidence. The broader market followed suit, opening lower and reflecting the ongoing negative sentiment. Analysts predict a stagnant market until new, favorable catalysts surface, prompting investors to keep a close eye on global trends and economic data that could sway the market's direction.

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Economic TimesLean R·2h ago
Why is market falling today? Rs 79,000-crore wiped out as Sensex tumbles over 500 pts, Nifty dips below 24,250
In a troubling trend, Nifty and Sensex slipped for a fifth day on Monday, as escalating oil prices and struggling IT stocks soured investor confidence. The broader market followed suit, opening lower and reflecting the ongoing negative sentiment. Analysts predict a stagnant market until new, favorable catalysts surface, prompting investors to keep a close eye on global trends and economic data that could sway the market's direction.
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Why is market falling today? Rs 79,000-crore wiped out as Sensex tumbles over 500 pts, Nifty dips below 24,250

How 1 sources are covering this