Closing Bell: BSE Sensex closed down by 1457 points, Nifty at 15774, investors lost 6 lakh crores
Sensex
Highlights
- Sensex closed at 52,846.70, down 1456.74 points
- Nifty closed at 15,774.40, down 427.40 points
- Bank and financial indices fell more than 3 percent on Nifty
Closing Bell: On Monday, the first day of the week, the Indian stock markets closed with a heavy fall. The BSE Sensex closed 1456.74 points down at 52,846.70 and the NSE Nifty fell 427.40 points to 15,774.40. Nifty has broken its important support of 15,800 due to all-round selling in the market. Skyrocketing inflation has spoiled the mood of the world market. The record high of 40 years has been reached in America. Its effect has been seen on Dow-Nasdaq. Inflation in India has also reached above the target of RBI.
6 lakh crores of investors drowned
Due to the big fall in the market, 6 lakh crores of investors were drowned. In fact, when the market closed on Friday, the capitalization of listed companies on BSE was Rs 2,51,94,519.26 crore, which has now come down to Rs 2,45,31,646.22 crore. In this way, investors have lost more than Rs 6 lakh crore in the shock.
Why there was a big fall in the market
The effect of selling in the global market on the Indian market
Foreign investors are continuously withdrawing money from the Indian market
The impact of rupee depreciation against the dollar
Concern among investors increased due to increase in corona cases in China
what investors to do
Experts say that if you are not a trader then do not make any new investments in the market. The market will continue to fluctuate. In such a situation, go on the strategy of waiting now. If you have invested in good company stock then stick with it.
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