Sensex tanks 787 points, Nifty below 12K; SBI, Vedanta, Indiabulls Housing Finance stocks dip
This crash in the Indian stock market is mainly caused by the Iran-US tension. Nifty has taken fresh support at 11,800 levels and if the Nifty further goes down towards 11,800 levels, then it should be taken as a buy position for the target of 12,300, say experts.
The BSE Sensex dipped 787 points and closed at 40,676 levels while the 50-stocks Nifty index nosedived 233 points and closed at 11,993 levels. Bank Nifty index tanked 832 points and closed at 31,237 levels. Photo: Reuters