Mumbai, Feb. 28 -- India's stock market crashed as the BSE Sensex fell over 1,414 points (or 1.90 percent) amidst panic selling across the sectors as foreign investors continue to pull out and Trump's new tariff announcements fuelling a global trade war.
The investors, according to initial estimates, lost approximately Rs 9 lakh crore of wealth or market capitalization of the listed companies in a single day.
The market opened on bearish note with BSE Sensex losing 411 points within minutes of opening and tanked 1,471 points during the day before closing at 73,198.10 down 1,414.33 points from its previous close. The National Stock Exchange (NSE) slid 420.35 points at 22,124.70.
Persistent selling by foreign investors, Trump tariff policy...