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market turmoil investors lose 14 lakh crore as sensex and nifty plunge

Indian equity indices, including Sensex and Nifty, plunged over 1,100 and 350 points respectively, driven by a strong US jobs report that dampened rate cut expectations and concerns over slowing earnings. The market capitalization of listed companies fell by Rs 14.54 lakh crore, with significant declines across all major sectoral indices. Key factors include rising US Treasury yields, continued foreign institutional investor selling, surging oil prices, a depreciating rupee, and a projected slowdown in India's GDP growth.
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Indian Rupee United States Dollar IND USA Vk Vijayakumar Rahul Bajoria
Finance & Economy, Market Report
05:03 13.01.2025
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