The stock market was at its lifetime high on September 27.
Today once again a big fall was seen in the Indian stock market amid the ongoing selling for almost 2 months. On Thursday, BSE Sensex closed 422.59 points lower at 77,155.79 points and Nifty 50 also closed 168.60 points lower at 23,349.90 points. Today, shares of Adani Ports, among the Sensex companies, closed with the biggest decline of 13.53 percent. Shares of State Bank of India 2.64 percent, NTPC 2.49 percent, Asian Paints 2.18 percent, ITC 2.18 percent, Bajaj Finance 2.08 percent, Bajaj Finserv 1.82 percent, IndusInd Bank 1.67 percent, Reliance Industries 1.46 percent, Titan 1.39 percent, Tata Motors 1.24 percent. , shares of Hindustan Unilever Closed with a decline of 1.14 percent.
The stock market was at its lifetime high on September 27.
Let us tell you that on September 27, Sensex had closed at 85,978.25 points, while on the other hand, Nifty 50 had also closed at its all-time high of 26,277.35 points. Since then there is a continuous decline in the market. Due to this ongoing devastation in the stock market, lakhs of crores of rupees of investors have been lost. On September 27, the market cap of companies listed on BSE was Rs 4,79,10,402.02 crore, which after today’s fall reached Rs 4,26,55,205.05 crore. This simply means that till now investors have suffered a total loss of Rs 52,55,196.97 crore due to the decline that started in the market after reaching all-time high. But the matter of concern is how long this decline will continue and how much more loss investors will have to bear.
Due to today’s fall, investors lost Rs 5.35 lakh crore.
Due to just one day’s fall recorded on Thursday, investors lost Rs 5.35 lakh crore. Today the market cap of companies listed on BSE fell by Rs 5,35,181.68 crore to Rs 4,26,55,205.05 crore. In this ongoing selloff in the Indian stock market, not only big investors but also small investors are suffering huge losses. In this market decline, along with stock investors, mutual fund investors are also witnessing a rapid decline in their wealth.
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