Last week was full of ups and downs in the stock market. But the way the stock market has declined in the last three trading days. He surprised and troubled everyone. There is a reason for that too. The rupee is continuously falling against the dollar. The attitude of foreign investors has still not changed and they are continuously withdrawing money from the stock market. The kind of estimated figures coming regarding India’s economy. This has spoiled the mood of investors.
After Trump was sworn in on January 20, the fear of tariff hike on India has become evident in investor sentiment.
Moreover, since Trump was sworn in on January 20, the fear of tariff hike on India has become evident in investor sentiment. The stock market’s high expectations from companies’ earnings in the third quarter are also fading. This is the reason why the stock market is continuously falling.
The stock market is continuously falling.
If we look at the data, both Bombay Stock Exchange’s main Sensex and National Stock Exchange’s main Nifty have seen a decline of more than one percent. Due to this, stock market investors have suffered a loss of more than Rs 12 lakh crore. Let us also tell you what kind of figures have emerged after the fall in the stock market in the last three trading days.
Big fall in Sensex
Bombay Stock Exchange’s benchmark Sensex was down more than one percent for three consecutive trading days. According to the information, on January 7, the Sensex closed at 78,199.11 points. Which fell by 820.2 points in three trading days and closed at 77,378.91 points on January 10. That is, during this period a decline of 1.05 percent was recorded in the Sensex. According to experts, further decline in Sensex may be seen in the coming days.
Nifty also fell heavily
At the same time, a big decline is also being seen in the main index Nifty of the National Stock Exchange. On January 7, Nifty closed at 23,707.90 points. On January 10, Nifty closed at 23,431.50 points. That is, during this period, a decline of 276.4 points or 1.16 percent was recorded in Nifty. However, on Friday Nifty also closed with a decline of 95 points or 0.40 percent.
Market Investor Rs. There has been a loss of Rs 12 lakh crore
However, due to this decline in the stock market, stock market investors have suffered huge losses. Investors’ losses are linked to the market cap of BSE. According to the data, when the stock market closed on January 7, the market cap of Sensex was Rs 4,41,75,150.04 crore, which fell to Rs 4,29,67,835.05 crore on January 10. This means that investors will get the money in three days. There has been a loss of Rs 12,07,315 crore.