Indian Stock Market Plunges Amid Energy Conservation Concerns and Iran-US Deal Uncertainty

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Indian Stock Market Plunges Amid Energy Conservation Concerns and Iran-US Deal Uncertainty
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The Indian stock market witnessed a major crash today, with the Sensex plummeting by 1.35% (1,044 points) to 76,275. Meanwhile, Nifty fell by 1.26% (305 points) to 23,872.90.The fall in the market was mainly due to Prime Minister Narendra Modi's call for saving energy and declining prospects for an Iran-US peace deal.The sell-off has erased nearly ₹6 lakh crore from the total market capitalization of all BSE-listed companies.

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Publisher: Newsbytes

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Indian Stock Market Plunges Amid Energy Conservation Concerns and Iran-US Deal Uncertainty | Achira News