Big fall in stock market
The selling phase continues in the stock market. After October, the market has started with a big decline in November also. There is a big fall in the market in early trading on Monday. Sensex is trading at 78,924.12 points after falling 800.00 points. At the same time, NSE Nifty is trading 262.65 points down at 24,041.70 points. Due to the huge fall in the market, investors have lost more than Rs 2 lakh crore. Let us tell you that when the market was closed on October 31, the market cap of the companies listed on BSE was Rs 4,44,71,429.92 i.e. more than Rs 4.44 lakh crore. Today, due to the big fall in the market, the market cap of listed companies has come down to Rs 4,42,43,633.25 i.e. Rs 4.42 lakh crore. In this way, investors have suffered a loss of Rs 2 lakh crore in one go.
Rs 30 lakh crore lost in October
If we talk about last month, investors lost Rs 31 lakh crore. At the beginning of October, the market cap of companies listed on BSE was Rs 4,74,86,463.65, which came down to Rs 4,44,71,429.92 on October 31. In this way, last month investors lost Rs 30 lakh crore in one fell swoop. This selling in the market has come due to foreign investors. They are withdrawing their money and investing it in the Chinese market. Also, there is a decline in the market due to the US Presidential elections.
What should investors do now?
Market experts say that it is difficult to predict to what extent this decline will go in the market. Therefore, investors should keep distance from the stock market. Do not make any new investments. Do not invest at all until there is a clear sign in the market that recovery will begin. Keep money with you. Invest only when the right opportunity comes. Investing now is not free from danger. The money will be lost.
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