Stock Market Crash News Highlights: Sensex Logs Worst May Since 2020, Nifty Worst Since 2022 As West Asia Crisis Remains An Overhang
• Indian stock markets experienced a significant downturn, with the Sensex recording its worst May performance since 2020 and the Nifty logging its worst since 2022. • Sectoral losses were led by Nifty Oil and Gas, which fell 2.58%, followed by Nifty Auto at 2.29%, while Consumption, Metal, and Rural sectors declined between 1.85% and 2.01%. • The crash is attributed to the ongoing West Asia crisis, though Asia-Pacific markets rose on Friday, including Japan’s Nikkei 225 (+1.52%) and South Korea’s Kospi (+1.73%).
ndtvprofit.com