News > The One Big Reason For The Sensex To Collapse 1550 Points In Trade Today
The One Big Reason For The Sensex To Collapse 1550 Points In Trade Today
Good Returns | 24/01/2022 06:00 PM | Click to read full article
The Sensex shed as much as 1,545 points in trade today, with the Nifty declining as much as 468 points. We have not seen such a dramatic fall in the markets for some time now.
What is spooking our markets is the huge selling pressure from Foreign Portfolio Investors. One of the reasons for the near three per cent knock in the markets today was worries over rising interest rates in the US.