India´s benchmark indices fell to their lowest levels in five months on Monday as the collapse of Silicon Valley Bank (SVB) and two other US banks continued to weigh on investor sentiment, even as regulators tried to contain the damage. Equity markets across the world declined over contagion fears, while safehaven assets such as bonds and gold advanced.
The Sensex slumped 897 points, or 1.5 per cent, to end the session at 58,238, its lowest close since October 14. The index is now down 8 per cent from its record high of 63,284, logged on December 1. The Nifty50 index also fell 1.5 per cent, or 259 points, to close at 17,154 -the lowest since October 13. Banking stocks continued to underperform, with the Bank Nifty index dropping 2.3 per cent.
هذه القصة مأخوذة من طبعة March 14, 2023 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة March 14, 2023 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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