Highlights

Fed meet on June 14-15
Traders raise bets on a 75 bps hike

Latest news

Samsung Galaxy Tab S12 Series Brings A ₹1.3 Lakh Entry Price And A New Upgrade Scheme

Google Apps Script Abuse: Phishing, Fraud, Malware and CSAM Risks Identified in TraceX Labs Report

Karan Johar Announces Final Season Of 'Koffee With Karan', Show To End After 22 Years

India To Grow 7% In FY27, Next Growth Phase Hinges On Infra, Deeper Capital Markets: S&P Global

Sensex Falls 49 Points, Nifty Slips 96 As Selling Pressure Returns

Passenger on rerouted Flydubai flight says pilot tried to crash plane

Asian Games 2026: Sunil Kumar Wins Wrestling Bronze, India’s Medal Tally Gets Boost

Pahalgam Attack Suspect Hashim Moosa Killed In J&K, Identified As Ex-Pak Army Havildar

Monday meltdown for markets

Name: Monday meltdown for markets
Uploaded: 2022-06-13T09:43:47.000+05:30
Duration: T00M15S
Channel: EJ Biz Desk
Description: Melting portfolios across markets as equities, currency and crypto saw a collapse in Monday's trade. Sensex dropped over 1400 points while Nifty lost 16,000 conclusively as the bulls took a back seat. Traders rai...

US inflation soared to a 40 year high

Updated: Sep 02, 2022 10:53

EJ Biz Desk

Join our WhatsApp Channel

Melting portfolios across markets as equities, currency and crypto saw a collapse in Monday's trade. Sensex dropped over 1400 points while Nifty lost 16,000 conclusively as the bulls took a back seat.

Traders raised bets that the Fed will make money more expensive by raising rates by 75 bps as it concludes its been on June 14-15. The fear gauge on Dalal Street or the VIX soared 10% as midcaps and smallcaps also hurled lower by over 2%.

Banks and metals were hit the hardest with newly listed LIC tumbling below the Rs 700 mark.

Frequently Asked Questions

What was the impact on the stock market on Monday?❯

On Monday, the stock market experienced a significant meltdown with the Sensex dropping over 1400 points and the Nifty losing 16,000 points as the bulls took a back seat.

What caused the market decline on Monday?❯

Which sectors were hit the hardest?❯

How did the fear gauge on Dalal Street change?❯

What was the overall sentiment in the market?❯