Sensex down for 5th day, Nifty below 24,800; key reasons behind stock market fall
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BSE Sensex fell 169.57 points (0.21%) to 81,014.36; NSE Nifty down 54 points (0.22%) to 24,798.15; fifth consecutive day of decline for Sensex and fourth for Nifty; weaker-than-expected US jobs data reignites recession fears; analysts express concerns over potential insufficient rate cuts by the Fed; Prashanth Tapse from Mehta Equities notes shift from optimism to concerns about US economic slowdown; V K Vijayakumar from Geojit Financial Services highlights market volatility; SpiceJet shares rose 5% amid stake sale news; Jio Financial Services formed a JV with BlackRock for investment advisory; Mazagon Dock won a Rs 1,486.40 crore contract from ONGC.
#Sensex #Nifty #StockMarket #Recession #UsJobsData #Spicejet #JioFinancialServices #MazagonDock #EconomicSlowdown #Investment
https://www.businesstoday.in/markets/stocks/story/sensex-down-for-5th-day-nifty-below-24800-key-reasons-behind-stock-market-fall-445003-2024-09-09
Business Today /
npub10k…ffpj8
2024-09-09 04:52:08
Author Public Key
npub10krv5xyz57fwv0upm7fgx90w8m2xulqkzzxml2d9d433rwrlmwpsyffpj8Published at
2024-09-09 04:52:08Event JSON
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"content": "Sensex down for 5th day, Nifty below 24,800; key reasons behind stock market fall\n==========\n\nBSE Sensex fell 169.57 points (0.21%) to 81,014.36; NSE Nifty down 54 points (0.22%) to 24,798.15; fifth consecutive day of decline for Sensex and fourth for Nifty; weaker-than-expected US jobs data reignites recession fears; analysts express concerns over potential insufficient rate cuts by the Fed; Prashanth Tapse from Mehta Equities notes shift from optimism to concerns about US economic slowdown; V K Vijayakumar from Geojit Financial Services highlights market volatility; SpiceJet shares rose 5% amid stake sale news; Jio Financial Services formed a JV with BlackRock for investment advisory; Mazagon Dock won a Rs 1,486.40 crore contract from ONGC.\n\n#Sensex #Nifty #StockMarket #Recession #UsJobsData #Spicejet #JioFinancialServices #MazagonDock #EconomicSlowdown #Investment\n\nhttps://www.businesstoday.in/markets/stocks/story/sensex-down-for-5th-day-nifty-below-24800-key-reasons-behind-stock-market-fall-445003-2024-09-09",
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