Market crash News

Kiyosaki urged people to remain calm and suggested that the crisis could also present an opportunity to invest in assets like real estate, gold, silver, and Bitcoin. 

Omicron scare hits the Indian market as Sensex and Nifty closed at the lowest levels since August 23. Some countries in Europe imposed restrictions ahead of the Christmas holidays. Fall in the Indian market comes when other markets in Asia were also down.

Market experts are worried that hasty decisions taken by countries to prevent the spread of the new Covid variant could ultimately end up hurting global economic recovery and markets. The new COVID variant Omicron has created quite a stir in the world owing to its mutation and spike protein abilities. The discovery of the Omicron variant has led to a downfall in global markets, and Asian markets seem to have followed the trend as well.

Sensex hit a low of 34,202.22, before finishing 792.17 points, or 2.25 percent down at 34,376.99 today.

Rupee continued its free fall hitting a new low of 72.67 at 12.30 pm due to a strengthening dollar and widening trade deficit.

The BSE benchmark Sensex crashed over 550 points in afternoon trade Thursday after reports of surgical strikes against Pakistan.  

The benchmark BSE Sensex extended losses on a fourth straight day.

Today's closing was the lowest level since July 14, 2014 when the index had closed at 25,006.98.

Sensex crashed 562.88 points to settle at 25,201.90 while Nifty tanked 167.95 points to 7,655.05.

The BSE Sensex fell more than 2 percent on Friday to its lowest in nearly 14 months, on weak global cues amid caution ahead of a key U.S. jobs report due later in the day.

A weak trend on other Asian markets as investors turned cautious ahead of the US job data to be released later in the day, also triggered selling by participants.

Total investor wealth of BSE-listed companies tumbled by Rs 2,02,654.47 crore to Rs 96,25,276 crore.

Here are five reasons behind the sea-saw in stock markets.

As the stock market saw a bloodbath, the investor wealth on Monday crashed by over Rs 7 lakh crore in the biggest ever single-day loss, as a global rout caused jitters across the board.

The benchmark BSE Sensex was up 0.97 percent after earlier falling as much as 1.7 percent to its lowest since Aug. 8, 2014.

The poor sentiments in the stock market are backed by meltdown in global markets, with Asian bourses ending in deep red.

India`s policymakers tried to soothe jittery investors on Monday after domestic shares slid nearly 6 percent and the rupee sank to its lowest since late 2013 following a China-led sell-off across Asia.