Stock market crash: The Indian stock market suffered significant losses across segments in the morning session on Thursday, July 31, with the benchmark Sensex crashing nearly 800 points and the Nifty 50 plunging below 24,650.
A massive selloff engulfed the domestic stock market a day after US President Donald Trump slapped a 25 per cent tariff on most Indian imports to the US.
The Sensex opened at 80,695.50 against its previous close of 81,481.86 and plunged nearly 800 points, or 1 per cent, to an intraday low of 80,695.15. The NSE counterpart Nifty 50, after opening at 24,642.25 against its previous close of 24,855.05, crashed almost 1 per cent to an intraday low of 24,635.00.
The selloff was more intense in the mid and small-cap segments as the BSE Midcap and Smallcap indices plunged up to 2 per cent.
(This is a developing story. Please check back for fresh updates.)
Read all market-related news here
Read more stories by Nishant Kumar
Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
About The Author
