business ๐ Sensex, Nifty crash amid global jitters
The Sensex dropped over 740 points, reaching 74,160, while the Nifty 50 fell by 250 points to 23,231 on September 11th. This market dip mirrored weak global trends driven by several major factors. Key causes included crude oil hitting over $108 a barrel and surging US bond yields reaching 4.98%. Intensifying US-Iran tensions also added significant downward pressure on investor sentiment. Experts suggest these combined headwinds are making the market cautious moving forward. ๐