Rs 16.26 lakh crore lost, investors’ earnings wasted due to ongoing decline in stock market

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Rs 16.26 lakh crore lost, investors' earnings wasted due to ongoing decline in stock market
Sensex fell by 3883.40 points this week

mondayWhen the stock market opened on September 30, investors might not have even imagined that this week would prove to be a disastrous week for them. The decline that started on Friday last week continued till today i.e. Friday of this week. The trend of decline in the stock market that started on Friday last week continued for the 5th consecutive day today. Lakhs of crores of rupees of investors have been lost amid the ongoing devastating fall in the stock market.

Rs 16.26 lakh crore stolen from investors

Experts believe that the direct impact of increasing tension in West Asia is being seen on the stock market. Due to the ongoing decline in the market for 5 days, stock market investors have suffered a loss of Rs 16.26 lakh crore. After these 5 days of decline, the market cap of companies listed on BSE declined by Rs 16,26,691.48 crore to Rs 4,60,89,598.54 crore.

Sensex fell by 3883.40 points this week

On the last day of the week i.e. today, BSE Sensex fell by 808.65 points and closed at 81,688.45 points. On the other hand, Nifty 50 also fell by 200.25 points and closed at 25,049.85 points. Let us tell you that this week was very bad for the Indian market. This week, a total decline of 3883.40 points was recorded in Sensex, while on the other hand, a total decline of 1129.10 points was recorded in Nifty 50 this week.

The market closed at a record high on Thursday

Last week on Thursday, Sensex closed at 85,836.12 points with a gain of 666.25 points and Nifty 50 closed at a new record level of 26,216.05 points with a gain of 211.90 points. That is, since Thursday last week, a fall of 4147.67 points has been recorded in Sensex and 1166.20 points in Nifty.

Most fluctuations in these 2 companies of Sensex

Today, among the Sensex companies, shares of India’s leading automobile company Mahindra & Mahindra recorded the biggest decline of 3.58 percent. However, in this fall which created chaos in the stock market, Infosys shares registered the highest rise of 1.33 percent.

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