look news india
The Indian stock market closed in the red zone today i.e. Monday 21st October. Even in the morning the market opened with a gain of 400 points. There was a slight decline in the last minutes of the first day's trading. Sensex fell 73 points to close at 81,151. At the same time, Nifty also fell by 72 points and closed at 24,781. Earlier today, Sensex opened at 81,770 with a gain of 546 points. Today a huge decline is being seen in banking and FMCG shares. Tata Consumer shares fell 7.08% and Kotak Bank shares fell 4.73%.
Investors defrauded of Rs 5 lakh crore
Today, investors have suffered huge losses due to the fall in the stock market. The market cap of shares listed on BSE fell to Rs 453.27 lakh crore, which was Rs 458.21 lakh crore in the previous trading session. That means investors' wealth suffered a loss of Rs 5 lakh crore in today's session.
Status of Regional Indices
During today's trading, except Auto, all other sectoral indices closed in the red, FMCG, Metal, Oil & Gas and Media closed with a decline of 1-2 per cent. BSE Midcap and Smallcap indices fell by 1 per cent each.
The market remained bullish on Friday
Earlier on Friday i.e. 18th October, there was a surge in the stock market. Sensex closed at 81,224, up 218 points. Nifty also saw a jump of 104 points and closed at 24,854. Note: The story is being updated continuously.