Sensex slips 561 points; investor wealth shrinks by ₹3 lakh crore

On July 14, the Sensex declined by 561 points, snapping a three-day winning run. Simultaneously, the Nifty 50 dropped 159 points, leading to a loss of ₹3 lakh crore in market value for investors. This downturn follows a roughly 3.4% hike in crude oil prices, which are now hovering around $86.15 per barrel. Furthermore, India's retail inflation climbed to 4.38% in June, marking the first instance since January 2025 that it has exceeded the RBI's 4% threshold.

by shortkt.com
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Sensex slips 561 points; investor wealth shrinks by ₹3 lakh crore | ShortKT