The fear of Covid-19 had just ended from the common people and the stock market when another virus has arrived from China. After India’s first HMPV case was reported in Bengaluru amid reports of the virus spreading in China, there has been a ruckus in the stock market (Investor Loss in Share Market). The stock market has been witnessing a decline ever since two cases were confirmed in Bengaluru city of Karnataka. The Sensex fell by more than 1,100 points and the Nifty fell by about 1.4 percent. According to media reports, the Bombay Stock Exchange’s major index Sensex has seen a decline of 1,100 points. Due to which the index has come down to 77,959.95 points.
Investors (Investor Loss in Share Market) have suffered a loss of ten lakh crore rupees.
At the same time, the National Stock Exchange’s major index Nifty has also seen a decline of about one and a half percent. Nifty is trading at 23,601.50 points with a decline of 403.25 points during the trading session. Due to this decline, stock market investors have suffered a huge loss. According to the data, the market cap of Sensex on Friday was Rs 4,49,78,130.12 crore, which came down to Rs 4,39,44,926.57 crore during the trading session. This means that in a few hours, investors lost Rs 10,33,203.55 lakh crore (Investor Loss in Share Market). If we talk about the last two trading sessions, stock market investors have suffered a loss of Rs 11,02,419.14 crore.
Nifty has seen a decline of 587.15 points in two trading sessions (Investor Loss in Share Market)
Let us tell you that this morning it opened with a slight rise at 79,281.65 points. Let us tell you that on Friday, the Sensex closed with a decline of more than 700 points at 79,223.11 points. This means that the Sensex has seen a decline of 1,983.76 points in two consecutive trading days. Earlier on Thursday, the Sensex closed with a rise at 79,943.71 points. Talking about Nifty, on Friday, the Nifty closed at 24004.75 points with a decline (Investor Loss in Share Market). Nifty has seen a decline of 587.15 points in two consecutive trading sessions. On Thursday, the Nifty closed at 24,188.65 points. Today on Monday, Nifty opened with a slight increase at 24,045.80 points.
Read Also:- SBI Lakhpati Scheme: With this scheme of SBI, every household in the country will become a lakhpati, know what is the scheme
Shares of big companies fell (Investor Loss in Share Market)
Talking about the biggest falling shares on the National Stock Exchange, Tata Group Tata Steel has seen a big decline. Which has fallen by 4.21 percent. On the other hand, the stock of the country’s largest company Reliance Industries has seen a decline of one and a half percent on the Bombay Stock Exchange. Apart from this, HDFC Bank’s stock is trading with a decline of more than 2 percent. Let us tell you that tremendous selling is being seen in midcap and smallcap stocks. Big decline is being seen in PSU banks, real estate stocks and oil and gas stocks. Bank of Baroda, PNB and Canara Bank were seen down by more than 4 percent. There is also a big decline in giant HDFC Bank, Reliance Industries (RIL) and Kotak Mahindra Bank.
Latest News Supreme News Network
ChineseVirusImpact#StockMarketCrash#InvestorLoss#GlobalEconomy#MarketVolatility#EconomicCrisis
