Sensex Plunges 1,000 Points

Monday, 26 September 2022newsdesk

Equity benchmarks started the final week of the quarter on the back foot, extending losses for the fourth straight session, tracking a risk-off mood among investors leading to unrelenting pressure on global stocks as worries of elevated inflation and global recession continued to rise.

New Delhi, 26 September 2022

As per news report of NDTV, the NSE Nifty index crashed below 17,000 points and the BSE Sensex plunged more than 1,000 points as the bloodbath in markets extended from Friday. The rupee hit a new all-time low on Monday, marking the third straight session of record lows breached. "Although India is seen as a bright spot in times of global slowdown concerns, domestic markets will not be completely insulated from overseas turmoil and would continue to see bouts of intra-day volatility," said Prashanth Tapse, Senior Vice President for Research at Mehta Equities.

Source - NDTV