Domestic equity markets tumbled sharply in early trade on Friday, mirroring a global sell-off as investors turned risk-averse amid weak cues from Wall Street and a slide across major Asian indices.
The benchmark BSE Sensex fell over 550 points to 82,751.05 around 10:08 am, while the NSE Nifty50 slipped 161.55 points to 25,348.15.
WHY IS STOCK MARKET DOWN TODAY?
The broad-based weakness comes as investors continue to digest a mix of global uncertainties, ranging from geopolitical tensions to expectations of prolonged high interest rates in the US.
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Domestically, analysts said the lack of any strong catalysts, combined with foreign investor selling, has k
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