Nifty ends close to 22,500, Sensex settles 1,800 points lower; six key factors lead to the market crash

As the crisis in West Asia entered its fourth week and drove up crude oil prices, the major indexes Sensex and Nifty finished substantially lower on Monday, following dismal global indications. Investor sentiment was also impacted by persistent withdrawals of foreign funds. The Nifty as a whole closed at an 11-month low of 22,512.65, down…

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Rupee declines to all-time lows

As crude oil prices rose above $100 per barrel amid the conflict in West Asia, the rupee fell to a new low against the US dollar on Wednesday. According to Bloomberg data, the native currency finished the session at 92.63 against the dollar, down 24 paise, or 0.27%, from the previous close. According to dealers,…

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