IndusInd Bank Share Crash Sensex 1300 Points Up Gold Price Drops from All Time High

On May 16, a major irregularity in IndusInd Bank's financials led to a sharp fall in its share price. At the same time, the Indian stock market witnessed a sudden rally, with the Sensex jumping 1300 points, creating a massive gain of ₹5 lakh crore in investor wealth. Meanwhile, gold prices, which had touched an all-time high of ₹99,358 per 10 grams, have now dropped by ₹7,900, hitting an intraday low of ₹91,461 per 10 grams.
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