Sensex Crashes 800 points; Nifty 50 Nears 24,500: Why is Indian Stock Market Falling? Explained

Indian Stock Market Witnessed A Sharp Selloff in the Morning Session on Monday, June 2, with the Sensex Crashing Almost 800 Points and the Nifty 50 Nearing 24,500 on the DOWNSIDE.

The sensex opened at 81,214.42 Against its Previous Close of 81,451.01 and Dropped 797 Points, or Nearly 1 per cent, to an intraday low of 80,654.26. The nifty 50 started its day at 24,669.70 against its previous close of 24,750.70 and dropped 0.91 per cent to an intraday low of 24,526.15.

However, the BSE Midcap and Smallcap Indices Exhibited Resilience, Rising About 0.30 per cent Each, in the morning session.

(This is a development story. Please check back for fresh updates.)