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Market crashes for fifth session

The Morning Standard

|

February 12, 2025

Benchmark indices BSE Sensex and NSE Nifty50 plunged by nearly 1.3% each

- ARSHAD KHAN

DOMESTIC equity market extended its losing streak for the fifth consecutive session on Tuesday. Benchmark indices the BSE Sensex and NSE Nifty50 -plunged by over 1.3% each.

The ongoing bearish trend has wiped out a staggering ₹19 lakh crore in just five sessions, driven by escalating global trade tensions. The latest trigger was US President Donald Trump's decision to impose a 25% tariff on steel and aluminum imports.

Additionally, the continuous outflow of foreign institutional investors (FIIs), the weakening rupee, and disappointing corporate earnings have exacerbated the market's downturn.

The Morning Standard

यह कहानी The Morning Standard के February 12, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

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