Business Standard

Sensex crashes over 900pts intra-day: 5 factors behind Monday's market rout

Analysts attribute fallout in domestic equities due to investors' fear of a domino effect after the collapse of big financial institutions in the US, and Europe

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Lovisha Darad New Delhi
Subdued global sentiment due to mayhem in the global financial sector unleashed bears on Dalal Street on Monday. However, fag-end buying in FMCG and select bank stocks, coupled with reports of proposals to halt Ukraine war, lifted benchmark indices sharply off lows.

The S&P BSE Sensex fell 361 points, or 0.62 per cent, to end at 57,629 levels on Monday, while the Nifty50 settled below the 17,000-mark at 16,988, lower by 112 points or 0.65 per cent. 

Market Snapshot: All that happened in the stock market today

During the intra-day trade, the Nifty50 had tumbled

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