ET Market Watch: Sensex slumps 625 points; what triggered the drop?
Transcript
Hi, you're listening to ET Markets Radio, I am your host, Neha V Mahajan. Welcome to a fresh episode of ET Market Watch -- where we bring you the latest news from the world of stock markets every single day. Let's get to it:Markets on a Rollercoaster Today! What Went Wrong? Sensex swung over 1,000 points before settling 624 pts lower. Here's your quick 5-point market crash decode1. Rally Hangover? Time to Book Profits!After a 4% rally in 2 weeks, markets were overheated. Investors hit the sell button before it gets too hot to handle.2. Q4 EarningsNifty50 earnings grew under 6%. Not bad, but not enough to justify sky-high valuations at 21–22x. Reality check, activated!3. U.S. Yields Spike, FIIs Take Flight10-year U.S. Treasury yield jumped to 4.465%. That's money magnet for global funds—India loses the spotlight.4. Global Mood = NervousWall Street wobble + Asia in the red = no support system for Dalal Street. Trade tensions aren't helping either.5. RBI Dividend – Big, But Not Big Enough₹2.69 lakh cr payout is record-breaking—but fell short of the ₹3 lakh cr fantasy. Markets sulked.Wrap-Up:Sensex down 624 pts, Nifty off 175. Midcaps & smallcaps showed some fight—but today was all about volatility & valuation fears.
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