2 min read.Updated: 12 May 2022, 06:47 PM ISTLivemint
Sensex fell over 1150 points today and is down over 4,000 points so far this month
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Indian stock markets nosedived today while rupee plunged to a record low as rising inflation worries continued to dent investor sentiment for global equities. The S&P BSE Sensex fell 1150 points to 52,930 while NSE Nifty 50 slumped 2.2% to 15,808. The Sensex has slumped over 4,000 points this month amid a global selloff amid surging inflation in the US, which could lead to faster-than-expected rate hikes by the US Federal Reserve.