Market Turmoil Deepens: Nifty50 Falls 6.5% in October!

The Indian stock market is in turmoil, with the Nifty50 dropping 6.5% this month and nearly 1% today.

Foreign investor outflows, disappointing earnings, and global uncertainties, including U.S. elections and Middle East tensions, contributed to this decline. The Sensex fell 663 points to 79,402, while Nifty closed at 24,180.80, down 218.60 points. In one day, ₹9 lakh crore in market value vanished, shrinking the total to ₹435 lakh crore.

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