Mumbai: RBI repo rate cut, liquidity support of about Rs 1.5 lakh crore to banks and neutral stance were all the reasons why the stock market was expected to rise on Monday, but the market crashed. Blowing the sentiments of the common people into dust, the stock market dived and investors lost around Rs 7 lakh crore. The BSE Sensex plunged 609.68 points to settle at 85,102.69. At the same time, the Nifty showed a decline of more than 225.90 points to 25,960.55.
If you believe the experts, the sentiment has become very bad due to the fall in IndiGo’s shares. On the other hand, the US Federal Reserve is scheduled to meet next week. The Fed is expected to announce a reduction of 25 basis points, but the central banks of other countries of the world may press the pause button on the inte

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