Nifty 50 has come down 3232.10 points from Lifetime High
Share Market Update: The process of decline in the Indian stock market continues continuously. The Indian markets closed down again on Wednesday. Yesterday the BSE Sensex closed at 76,171.08 with a loss of 122.52 points. On the other hand, NSE Nifty also lost 26.55 points to close at 23,045.25 level. On Wednesday, shares of 2288 companies fell in red mark. Let us tell you that Wednesday was a sixth consecutive day when the markets closed down. This disastrous decline in the market has ruined investors’ portfolio.
Stock market continues to fall for 6 consecutive days
Investors have drowned Rs 18 lakh crore due to the ongoing decline in the Indian stock market for the last 6 days. Foreign investors are continuously withdrawing their money by selling shares. From 4 February to 12 February, the Sensex has fallen 2412.73 points (3.07 percent). During this period, the market cap of list companies on BSE declined by Rs 18,04,418 crore to Rs 4,07,46,408.11 crore. According to the stock market data, foreign institutional investors (FII) on Tuesday withdrew money by selling shares worth Rs 4486.41 crore.
Nifty 50 has come down 3232.10 points from Lifetime High
Let us tell you that the stock market has come down significantly from its lifetime high. On 27 September last year, the Indian market reached its lifetime high. Since then, it has been declining for about 5 months continuously. On September 27, the Sensex reached 85978.25 points and the Nifty also reached 26,277.35 points while climbing. After reaching lifetime high, the Sensex has so far fallen by 9807.17 points. Similarly, the Nifty 50 has also come down 3232.10 points from its lifetime high. Due to this decline in the stock market, the mutual fund portfolio of investors has also been ruined.
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