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However, The Indian stock market has witnessed a drastic fall since the Sensex touched an all-time high of Rs 85,978.84 on 27 September last year with large-cap stocks leading the downslide. The benchmark index has plummeted by a whopping 10,000 points, or 11.79 per cent, over the past four months, marking a stark reversal of fortunes and ...
The market today will focus mostly on NVIDIA (Nasdaq: NVDA). The company is down 11.5% in premarket trading and is headed to the biggest one-day market capitalization loss from any company.
Shares declined Wednesday in Asia after disappointingly high U.S. inflation data sent stocks sliding on Wall Street, raising prospects that interest rates will remain elevated for longer. On the ...
Renaissance Macro's Jeff DeGraaf predicts a 10% stock market drop amid three bearish factors. Tech stocks may underperform after rate cuts, impacting market stability, according to DeGraaf.
Stock price graph illustrating the 2020 stock market crash, showing a sharp drop in stock price, followed by a recovery. A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic ...
The S&P 500 peaked for the year at 4,796 on its January 3, 2022 close, before declining 25% to its low for the year in October 2022. [11] [12]In the first 6 months of 2022, the S&P 500 fell 21%, the worst 6-month start to a year since 1970.
Stock prices go up and down based on supply and demand. More buyers means a rise in stock prices. When there are more sellers, stock prices fall. Read on to learn more.
The Chief Economic Adviser to the Government of India said that this drop is mainly due to the coronavirus pandemic effect on the Indian economy. Notably, India had also been witnessing a pre-pandemic slowdown, and according to the World Bank, the current pandemic has "magnified pre-existing risks to India's economic outlook".