Topic
market crash
Business Kospi's AI Rally Collapses: South Korean Benchmark Tumbles 7%, Sidecar Triggered
South Korea's benchmark KOSPI tumbled over 7% on Tuesday, reversing from record highs, as investors sold AI-heavy technology stocks despite strong Samsung earnings. The Korea Exchange activated a sell-side sidecar, and the rout hit major names like Samsung, SK Hynix, and Hanwha Ocean.
Business Indian Stock Market Plunges: Sensex Drops Over 800 Points, Nifty Below 24,000 on IT Rout
Indian stock markets ended a five-day winning streak with a sharp fall, as the BSE Sensex dropped over 800 points and Nifty50 slid below 24,000. The decline was driven by a nearly 6% plunge in the Nifty IT index following Accenture's lower revenue forecast, coupled with profit-taking, FII selling, weak global cues, and lingering Middle East tensions.
Business BSE Sensex Crashes Over 900 Points, Nifty50 Near 23,100 as US-Israel-Iran Tensions Fuel Sell-Off
Indian equity markets opened sharply lower on June 8, 2026, with the BSE Sensex crashing over 900 points and the Nifty50 falling near the 23,100 mark. The sell-off was driven by escalating geopolitical tensions involving the US, Israel, and Iran, along with a surge in crude oil prices. Technical indicators show a weak setup with key support at 23,000-23,100.
Business BSE Sensex, Nifty50 Drop Amid US-Iran Tensions and Oil Price Surge
The BSE Sensex and Nifty50 indices fell by around 1% due to escalating US-Iran tensions and rising crude oil prices. This decline erased over Rs 3 lakh crore from the market cap of BSE-listed companies. Investors are cautious amid geopolitical uncertainties and foreign institutional investor outflows.
Business TCS Shares Plummet 8% Amid Market Volatility
Tata Consultancy Services (TCS) shares fell over 8%, marking the worst single-day drop since the Covid-era crash. The decline erased recent gains and raised concerns about market stability.