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Stock Market Crash: US Recession Fears, Israel-Iran Tensions, Japan's Market Meltdown Explained
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Stock markets across the globe witnessed a massive crash. Sensex and Nifty also witnessed a fall on the back of a global sell off. Nifty closed down 2.64% at 24,055 mark, Sensex slumped 2.74% closing at 78,759.4 mark. India Volatility Index, India Vix is up 52% indicating a fall in the market in near term. Rupee hit record low. Japan’s Nikkei 225 saw a massive fall tumbling 12.4% on Monday. Dow Jones Industrial Average futures fell by 444 points or 1.11%. S&P 500 futures and Nasdaq futures also fell 3% and 5.5%. Not only the stock markets but crypto also has been affected. But why did this happen? Pallavi Sharma Explains.
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