Stock market crash, Feb. 28 -- Domestic equity benchmarks Sensex and Nifty 50 logged their worst day in around five months on Friday, with Nifty 50 posting its longest monthly losing streak since 1996 on pessimism over domestic market conditions. The benchmark Nifty 50 and the BSE Sensex closed 1.9% lower at 22,124.70 and 73,198.10, respectively. They are down 6% for the month.
Investors' wealth tumbled by Rs.9 lakh crore on Friday, in tandem with a sharp decline in the domestic equity market, where the benchmark Sensex plunged 1,414 points following a bearish trend in global equities.
Fresh tariff threats that ignited global trade war fears and relentless foreign fund outflows dented investor sentiment, analysts said. Following the sha...
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