Sensex down 400 points, Nifty near 22,000, mid & small-cap indices crack 1%

From Times Internet Limited:

European shares were flat but on track for weekly gains, with telecommunications sector strength offsetting a global equities sell-off. Tokyo’s Nikkei index ended lower due to semiconductor-linked losses. Bitcoin fell below $68,000 on US rate cut concerns, with Dogecoin and Shiba Inu dropping 11%. L&T Technology Services secured a $100 million cybersecurity project. The rupee fell to 82.96 against the US dollar, and Sensex plunged 500 points. Mahadev betting app scam caused 19 smallcap stocks to crash up to 37%. The Supreme Court pulled up SBI for not sharing unique serial numbers on electoral bonds. Oil marketing companies fell up to 3% as government cut fuel prices. RailTel Corporation shares rose 9% after receiving Rs 130 crore work order for a project in Odisha. Fitch Ratings placed IIFL Finance on ‘Rating Watch Negative’ following RBI’s directive. IOC and YES Bank were among the most active stocks. Paytm rose 5% after receiving a third-party application provider license. Asia stocks slumped on tech-led declines.



Read more at Times Internet Limited: Sensex Today | Stock Market LIVE Updates: Sensex off day’s low, down 400 points, Nifty near 22,000; mid & small-cap indices crack 1% each