Sensex crashed more than 800 points, while the Nifty 50 fell closer to 24,350 in intraday trade on 22 April. (An AI-generated image)AI Quick ReadIndian stock market benchmarks, the Sensex and the Nifty 50, suffered strong losses in intraday trade on Wednesday, 22 April, after rising for the last three consecutive sessions.
The Sensex crashed more than 800 points, or 1%, to an intraday low of 78,442, while the NSE barometer Nifty 50 plunged over 200 points, or nearly 1%, to the day's low of 24,353.
However, the mid and small-cap segments exhibited resilience. The Nifty Midcap 100 and Smallcap 100 indices rose by up to half a per cent during the session.
(This is a developing story. Please check back for fresh updates.)
Nishant is a market reporter at Mint, where he holds the official designation of Principal Correspondent – Markets. He has been closely tracking the Indian stock market as well as major global stock markets along with the broader macroeconomic trends for a decade.
He is obsessed with breaking down complex financial and economic concepts into clear and engaging stories. He focuses not only on what is happening in the markets, but also why it matters.
His coverage includes stock market trends, sector rotations, monetary and fiscal policy developments, inflation, growth data, and personal finance strategies.
With nearly 10 years of experience in covering financial markets, Nishant has covered bull markets, corrections, policy transitions, and macro developments that has equipped him with a deep understanding of how domestic and global forces shape markets and affect investments.
He regularly interviews market veterans, fund managers, economists, policymakers, and corporate leaders to provide readers with a 360-degree view of market dynamics and the broader economic landscape.
Before joining Mint, Nishant worked with some of India’s most respected business newsrooms, including The Economic Times and Moneycontrol, where he reported extensively on the stock market, corporate earnings, macroeconomic trends, GDP, inflation, monetary policies of the RBI and the US Federal Reserve, bonds, and currencies.
Apart from economics and investing, he has interests in geopolitics and emerging technologies, such as AI.