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Sensex tumbles 1,100 points, loses 2,292 points in 4 days

The stock market in India witnessed a bloodbath on Thursday, in line with the global selloff, with the BSE Sensex losing 1,100 points. Post Thursday’s selloff, Sensex lost 2,292 points in the last four sessions. This was the sixth consecutive session of loss for the Indian indices. This was the biggest single day fall for […]

The stock market in India witnessed a bloodbath on Thursday, in line with the global selloff, with the BSE Sensex losing 1,100 points. Post Thursday’s selloff, Sensex lost 2,292 points in the last four sessions. This was the sixth consecutive session of loss for the Indian indices. This was the biggest single day fall for the BSE Sensex in four months and the biggest losing streak (6 sessions) in seven months. The Nifty50 on the National Stock Exchange (NSE) fell well below the psychological 11,000 mark. The recent bear run has been due to resurgence in coronavirus cases across the world, largely in Europe and anticipation of fresh lockdown restrictions across several countries in the continent including the UK and France. 

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