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Sensex crashes over 900 points: Top 4 factors behind a wobbly Wednesday

Analysts believe that this down trend is a short-term gyration and investors' should use this dip to accumulate high quality growth stocks

bear market, stocks, sensex, nifty, loss, growth, crash, index
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Lovisha Darad New Delhi
Bearish global mood drove domestic equity markets lower in Wednesday's intra-day trade, as investors awaited February minutes' reading from the Reserve Bank of India (RBI), and the US Federal Reserve (US Fed). 
 
While the benchmark index Nifty50 crashed over 250 points to hit a low of 17,529 level, the S&P BSE Sensex tumbled neary 1,000 points to 59,681 levels.

At close, The Sensex index settled at 59,745 (down 928 points or 1.53 per cent), and Nifty50 at 17,553 (down 274 points or 1.54 per cent), respectively.

TRACK: All that happened in the markets today
 
The dampened sentiment

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First Published: Feb 22 2023 | 1:35 PM IST

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