The war between Israel and Palestine has been going on for 17 consecutive days. Israel continues its action on Gaza for the 17th day. The effect of which is also visible in the global market. Besides, India’s stock market is also bleeding. Today, for the fourth consecutive day, there was a decline in the Indian stock market. Sensex sank by more than 800 points. A decline of 1.34 percent was also seen in Nifty. If we talk about the loss of investors, then today itself there has been a loss of more than Rs 7.50 lakh crore. Whereas in four trading days, investors have suffered a loss of Rs 12.48 lakh crore.
stock market crashed
The stock market crashed on the first trading day of the week. Today both Sensex and Nifty saw a decline of more than 1 percent. According to the data, Sensex today closed at 64,571.88 points with a fall of 825.74 points. Whereas since October 17, the Sensex has seen a decline of 1,856.21 points.
A similar situation is being seen with Nifty also. The main index of the National Stock Exchange today closed at 19,281.75 with a fall of 260.90 points. Nifty has seen a decline for the fourth consecutive day. In these four days, Nifty has fallen by 529.75 points. Whereas on October 17, Nifty closed at 19,811.50 points.
There was a decline in these shares
Shares of LTI Mindtree have seen a decline of about 4 percent in the National Stock Exchange. On the other hand, there has been a loss of 3.71 percent in the shares of Adani Enterprises. A decline of 3 percent has been seen in the shares of Hindalco, JSW Steel, Adani Port. Shares of Mahindra & Mahindra and Bajaj Finance have appeared in the green. Talking about heavyweight shares, Reliance Industries shares have seen a decline of 1.57 percent. TCS closed down by about 2.44 percent. Infosys has also declined by 1.28 percent.
huge loss to investors
Investors have suffered huge losses due to the fall in the stock market. If we talk about today itself, the market cap of BSE came to Rs 3,11,33,479.97 crore. Whereas on Friday the market cap of BSE was Rs 3,18,89,766.03 crore. This means that during this period investors have suffered a loss of Rs 7,56,286.06 crore. In the last four days, investors have suffered a loss of more than Rs 12 lakh crore. The market cap of BSE on October 17 was Rs 3,23,82,425.13 crore. This means that market investors have suffered a loss of Rs 12,48,945.16 crore.
Source: www.tv9hindi.com”