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Sensex resumes downward march, crashes nearly 700 points— Why is the stock market falling? Explained

Stock market today: A day after logging strong gains of more than 1% each, domestic market benchmarks, the Sensex and the Nifty 50, resumed their downward March on Friday, March 6, due to profit booking amid persisting concerns over the US-Iran war, crude oil price spike, and heavy foreign capital outflow.

The Senex crashed nearly 700 points, or almost 1%, to an intraday low of 79,346, while the Nifty 50 fell to 24,575 during the session, falling nearly 200 points, or about 1%.

(This is a developing story. Please check back for fresh updates.)

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Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.


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