Mohamad Khan
391 views
17 hours ago
On Wednesday, June 3rd, the Indian stock market witnessed a significant crash with Sensex falling 1,150 points and Nifty 50 dropping over 300 points in early trade. Key factors include escalating US-Iran geopolitical tensions, rising crude oil prices impacting India's import bill, and concerns over inflation. Additionally, foreign institutional investors (FIIs) pulled out $26.8 billion, redirecting funds to AI sectors globally. The upcoming RBI MPC meeting and IMD's warning of a weaker monsoon due to El Nino have further dampened investor sentiment, raising fears about corporate earnings and liquidity. https://zeenews.india.com/hindi/zeeodisha/national-international/sensex-crashes-1150-points-and-nifty-50-tanks-300-points-know-5-reason-share-market-crash/3236713 #creator program