Monday, February 24, 2025 | 04:58 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Three reasons that triggered a 1,100 points fall in Sensex today

Record-high inflation levels, dented prospects of corporate profitability and likelihood of contraction in economic growth continue to batter equities.

Bear-market-2
Premium

Harshita Singh New Delhi
The Sensex and Nifty benchmark indices plunged on Friday after ending flat in the previous session as policymakers across the globe aggressively paddle on monetary policy tightening.

The Sensex tanked 1,115 points to day’s lowest level of 54,587 and the Nifty50 shed 342 points to slip to 16,341. This was the benchmarks' lowest level in two months.

Record-high inflation levels, dented prospects of corporate profitability and likelihood of contraction in economic growth continue to batter equities, which, according to analysts, are set to remain volatile in the near-term amid global liquidity withdrawal.
 
"The single important factor roiling global equity markets

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in