Business News Desk – Tuesday’s trading session has proved to be quite inauspicious for the Indian stock market. There was chaos in the market due to selling by foreign investors. During the day’s trading, Sensex fell by 1000 and Nifty by 330 points. There has been a tsunami of decline in midcap and smallcap stocks for the second consecutive day. Due to this fall in the stock market, investors suffered a loss of Rs 8.50 lakh crore. At the close of the market, BSE Sensex fell by 930 points at 80,220 and National Stock Exchange Nifty fell by 310 points at 24,472 points.
9 lakh crore rupees of investors wasted
Investors have suffered huge losses due to the storm of decline in the Indian stock market. The market cap of BSE listed shares closed at Rs 444.79 lakh crore, which was Rs 453.65 lakh crore in the previous trading session. Investors have suffered a loss of Rs 8.84 lakh crore in today’s trading. Whereas in the last two sessions, investors have suffered a loss of Rs 14 lakh crore.
fall in shares
Out of 30 Sensex stocks, only one stock closed with gains while 29 closed with losses. Of the 50 Nifty stocks, 3 closed with gains and 47 with losses. Among the gaining stocks, ICICI Bank closed with a gain of 0.74 percent, Nestle 0.10 percent, Infosys closed with a gain of 0.04 percent. While BEL closed with a fall of 3.79 per cent, Mahindra & Mahindra 3.63 per cent, Coal India 3.36 per cent, Adani Enterprises 3.29 per cent, SBI 2.97 per cent, Power Grid 2.79 per cent.
Fall in shares of all sectors
There has been a decline in all sectors in today’s trading in the market. Nifty Bank closed with a fall of 705 points, Nifty Energy 975 points. Apart from this, shares of various sectors like Consumer Durables, Oil and Metals, Pharma, FMCG, IT, Auto, Oil and Gas closed with losses. Nifty Midcap index closed with a fall of 1503 points and Nifty Smallcap index fell by 736 points. Due to this fall in the market, India Vix closed at the level of 14.39 with a jump of 4.58 percent.
