Share Market Crash: Nifty 50 and Sensex Witness Drop in Points, Know Potential Reasons

05 Aug, 2024

Share Market Crash: A sharp drop was witnessed in the share market, with the Nifty 50 dropping 600 points, and Sensex dropping 2000 points. Many reasons can be attributed to this crash. In this video, we will be discussing 4 major reasons why the stock market crashed. 

Share Market Crash Reason

The first reason could be that unemployment in America has reached its highest level in three years, with recent data showing an increase in the unemployment rate for the fourth consecutive month. Second, tensions in the Middle East are rising, and Iran may retaliate against Israel for the death of a Hamas leader, potentially affecting global stock markets. Watch video to know more.

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