Sensex Plunges 350 Points from Day's High: 5 Key Reasons Behind Market Turmoil

Share Market
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CNBC Awaaz•11-02-2026, 12:14
Sensex Plunges 350 Points from Day's High: 5 Key Reasons Behind Market Turmoil
- •BSE Sensex and NSE Nifty lost early gains on February 11, 2026, experiencing volatility.
- •Profit booking in IT, PSU bank, and realty stocks contributed to the market decline.
- •The Indian Rupee weakened by 6 paise against the US dollar, trading at 90.62 per dollar.
- •Weak US retail sales data led to lower US markets, impacting global investor sentiment.
- •Rising Brent crude oil prices (up 0.76% to $69.32 per barrel) and Nifty's resistance at 26,000-level added pressure.
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