Sunday , November 24 2024

Investors lost Rs 5.62 lakh crore in Israel-Iran war, Sensex-Nifty fell | News India


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US and European markets are somewhat stable amid tensions between Israel and Iran, but most Asian markets are under selling pressure. Talking about the domestic stock market, selling pressure is being seen here too and the equity benchmark index Sensex Nifty has increased. Except metals, indices of all sectors were in the red. There is selling pressure in midcap and smallcap stocks. Overall, the market cap of companies listed on BSE has decreased by Rs 5.62 lakh crore. This means that as soon as the market opened, the wealth of investors has reduced by Rs 5.62 lakh crore.

Now talking about equity benchmark index, BSE Sensex has now fallen by 808.50 points to 83457.79 and Nifty has fallen by 250.75 points to 25546.15. One trading day ago, Sensex had closed at 84266.29 and Nifty had closed at 25796.90. Last month, Nifty crossed the level of 25250 while Sensex also lagged about 23 points behind 86000. But now again Sensex has slipped below 83050 and Nifty 25600.

Investors' capital lost
The total market cap of all stocks listed on BSE yesterday on October 1 was Rs 4,74,86,463.65. Which increased to Rs 4,69,23,663.59 crore as soon as the market opened on 3rd October. That means investors' capital has reduced by Rs 5,62,800.06 crore.

Only one share in green zone
Of the 30 shares listed on Sensex, only one JSW Steel was found in the green zone. At the same time, Asian Paints, M&M and Tata Motors have the highest share.

Today 2640 shares are being traded on BSE. Out of which 653 shares are showing strength, while 1814 shares are in declining trend and there is no change in 173 shares. Apart from this, 64 shares have fallen to one year's highest level and 32 shares have fallen to one year's lowest level. While 75 shares reached the upper circuit, 58 shares reached the lower circuit.