Business Desk, AnyTV, New Delhi
Published by: Deepak Chaturvedi
Updated Mon, 07 Mar 2022 03:53 PM IST
Summary
Stock Market Closed On Red Mark: On Monday, the first trading day of the week, the stock market closed with a fall after opening on the red mark. The 30-share Sensex of the Bombay Stock Exchange closed at 52,843, down 1491 points or 2.74 per cent. On the other hand, the Nifty index of the National Stock Exchange slipped 382 points or 2.35 per cent to close at 15,863.
On the first trading day of the week on Monday, the stock market saw a sluggishness of the last week amid weak global cues due to the intensified war between Russia and Ukraine. After opening on the red mark, both the indices closed with a fall. The 30-share Sensex of the Bombay Stock Exchange closed at 52,843, down 1491 points or 2.74 per cent. On the other hand, the Nifty index of the National Stock Exchange slipped 382 points or 2.35 per cent to close at 15,863.
Started on red mark
Earlier, the BSE Sensex had started trading by breaking more than 1100 points. With the opening, its decline increased and within an hour it broke up to 1404 points. The matter did not stop here and the Sensex broke more than 1800 points in the day. While the NSE Nifty index slipped 380 points to start trading at 15,866 level and during the day’s trading it broke more than 450 points. Banking stocks saw a strong fall on Monday.
Big loss to investors in a month
According to a report, the month of February proved to be very bad for the stock market and the same trend continues in March as well. If you look at the figures, since February till now, Indian investors have incurred a loss of Rs 29 lakh crore. Meanwhile, according to another recent report, looking at the losses incurred by investors since February 15, more than the entire GDP of Ukraine, which has been attacked by Russia, has lost more Indian investors’ money. The fear of further dragging of Russia-Ukraine war has now gone home among investors who are facing heavy losses.
Expansion
On the first trading day of the week on Monday, the stock market saw a sluggishness of the last week amid weak global cues due to the intensified war between Russia and Ukraine. After opening on the red mark, both the indices closed with a fall. The 30-share Sensex of the Bombay Stock Exchange closed at 52,843, down 1491 points or 2.74 per cent. On the other hand, the Nifty index of the National Stock Exchange slipped 382 points or 2.35 per cent to close at 15,863.
Started on red mark
Earlier, the BSE Sensex had started trading by breaking more than 1100 points. With the opening, its decline increased and within an hour it broke up to 1404 points. The matter did not stop here and the Sensex broke more than 1800 points in the day. While the NSE Nifty index slipped 380 points to start trading at 15,866 level and during the day’s trading it broke more than 450 points. Banking stocks saw a strong fall on Monday.
Big loss to investors in a month
According to a report, the month of February proved to be very bad for the stock market and the same trend continues in March as well. If you look at the figures, since February till now, Indian investors have incurred a loss of Rs 29 lakh crore. Meanwhile, according to another recent report, looking at the losses incurred by investors since February 15, more than the entire GDP of Ukraine, which has been attacked by Russia, has lost more Indian investors’ money. The fear of further dragging of Russia-Ukraine war has now gone home among investors who are facing heavy losses.