Finance Flare
February 28, 2025 at 03:26 PM
📉 Stock Market Crash: What Caused the ₹10 Lakh Crore Sell-Off on Dalal Street?
Dalal Street witnessed a massive ₹10 lakh crore sell-off, driven by global and domestic factors. Rising U.S. bond yields and fears of an economic slowdown triggered a global market downturn, affecting Indian equities. Foreign Institutional Investors (FIIs) aggressively offloaded stocks, intensifying the pressure. The IT sector suffered significant losses, mirroring global tech declines. Additionally, concerns over India’s GDP growth, inflation, and unemployment added to investor anxiety. Uncertainty ahead of key economic data releases and geopolitical tensions further fueled the bearish sentiment. The market remains volatile, with investors closely watching domestic and international developments for signs of stability.