Sensex fell 1800 points in three days due to fall in stock markets, drowned 6.80 lakh crores of investors
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Market Capitalization: Due to the decline in the domestic stock markets for three days, the wealth of investors has decreased by Rs 6,80,441 crore. Due to weak trend in global stock markets and weak sentiment, there has been a sharp decline in the Indian stock market. Such a fall is making investors disappointed and they are worried about the continuous fall in the market. The Indian market is not getting any support from the global markets as well.
The market decline for the third day
The BSE Sensex fell for the third consecutive day on Thursday and closed below the 60,000 mark. The market came down with heavy selling in IT, power and financial stocks amid a fall in the European stock markets in the afternoon trade. The major reason for the decline in the Indian market is believed to be the increase in Omicron cases, selling by foreign investors.
Sensex breaks more than 1800 points in three days
In the last three days, the Sensex has come down by 1,844.29 points. The market capitalization of companies listed on BSE declined by Rs 6,80,441 crore to Rs 2,73,21,996.71 crore in three days. The market capitalization of these companies had reached a record Rs 2,80,02,437.71 crore on Monday.
what was the condition of the market yesterday
In yesterday’s trade, the BSE Sensex closed 634 points lower at 59,464 points. NSE’s Nifty closed at 17,757 points down by 181 points. However, the market showed recovery from the lower levels yesterday as the Sensex was trading with a decline of 923 points and Nifty 263 points at one time.
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