Credit Suisse trigger: Nifty ends below 17K
Business Standard|March 16, 2023
Indices decline for 5th consecutive session
SUNDAR SETHURAMAN
Credit Suisse trigger: Nifty ends below 17K

The benchmark indices declined for the fifth consecutive day after staying in the green for most part of Wednesday.

The Sensex ended the session at 57,556 points, a decline of 344 points or 0.6 per cent. The Nifty50, on the other hand, ended the session at 16,972 points, lower by 71 points or 0.4 per cent.

From the high it made in December, the Nifty50 has declined 9.8 per cent. Nifty is closing below the 17,000 level for the first time since October 11. In the last five sessions Nifty has declined 4.4 per cent and Sensex by 4.6 per cent. The latest trigger was fear amongst investors emanating from a fresh turmoil at the Credit Suisse Group as a top shareholder refused additional financial assistance. As a result, shares of the lender fell 26 per cent.

この記事は Business Standard の March 16, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

この記事は Business Standard の March 16, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

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