domestic market The downward trend that started on Friday, September 20, is continuing. The market witnessed a decline for the sixth consecutive day today. On Monday, BSE Sensex closed at 81,050.00 points with a fall of 638.45 points, while on the other hand Nifty 50 also closed at 24,795.75 points with a fall of 218.85 points. Today, shares of 23 out of 30 Sensex companies were in loss and shares of only 7 companies were in profit. Similarly, in Nifty 50, shares of 40 out of 50 companies closed in the red mark and shares of 10 companies closed in the green mark.
Investors lost Rs 8,90,153.84 crore in today’s fall alone.
Due to the fall recorded in the stock market today, investors lost Rs 8,90,153.84 crore. Last week on Friday, the Sensex closed at 81,688.45 points, falling 808.65 points. On the other hand, Nifty 50 also fell by 200.25 points and closed at 25,049.85 points. After Friday’s fall, the market cap of companies listed on BSE had become Rs 4,60,89,598.54 crore. Whereas after today’s trading, the market cap of companies listed on BSE decreased by Rs 8,90,153.84 crore to reach Rs 4,51,99,444.70 crore.
Since September 26, Sensex has registered a decline of 4786 points.
Stock market investors are facing very bad times. On Thursday, September 26, both Sensex and Nifty 50 closed at their lifetime highs. On that day, Sensex closed at 85,836.12 points and Nifty closed at 26,216.05 points. From that day till today, Sensex has fallen by 4786.12 points and Nifty 50 has fallen by 1420.30 points. Let us tell you that after reaching the record high, many experts had predicted a sharp correction in the market, which turned out to be correct.
