Mumbai Like the stock markets around the world, the Indian stock market also registered a big fall on Thursday. At 2 pm, the Sensex was down by 961.78 points and was at 79220.42 points. Whereas there was a fall of 251 points in Nifty and it remained at 23950 points. This fall in the stock market happened because the Federal Reserve of America once again reduced the interest rates by 25 basis points. This year the Federal Reserve has cut the interest rate 3 times and has said that it can be cut 2 more times next year. Due to the 25 basis point cut in interest rates by the Federal Reserve, there was a decline in the foreign stock markets and it also had a big impact on the Mumbai stock market.
Due to the fall in Mumbai stock market on Thursday, information is coming to light that investors have lost more than Rs 6 lakh crore. There has been a situation of turmoil in the stock market for the last few months. Sometimes when the stock market goes up, a decline is seen the very next day. In view of international conditions, trading in the stock market is affected. The war between Russia and Ukraine also continues. At the same time, in West Asia also the situation has become more serious after the fall of Bashar al-Assad government in Syria. There is a lot of inflation in the world. All these incidents are affecting the stock market.
However, the Indian stock market has been doing good business on average from the beginning of this year till October. This also benefited investors, but due to cases like Hindenburg Report, investors also faced setbacks from time to time. If we look at the stock market trading in the last few days, foreign institutional investors i.e. FIIs had sold shares worth Rs 1316.81 crore on Wednesday. On Wednesday, a fall of 502.25 points was seen in Sensex and 137.15 points in Nifty. If we talk about the last 4 days, the stock market is witnessing a downward trend. Due to this, investors have suffered a loss of Rs 12 lakh.
