look news india
The excitement of Diwali has now completely stopped in the Indian stock market. After a two-day holiday in the market, the business week is starting with a bang today on Monday, November 4. However, just 15 minutes after the market opened, a sharp fall was seen in Sensex and Nifty. In this market fall, Rs 5.15 lakh crore of investors were lost in 15 minutes.
Both the major indices of the Indian stock market, Sensex and Nifty, have suffered a major blow. And sales are in full swing. Almost all the shares are trading in the red. Sensex has fallen by more than 1000 points, while Nifty has also fallen by 330 points. In such a situation, the question is, whose attention has caught the stock market after Diwali?
who saw?
There could be many reasons behind the sharp fall in the stock market and with the beginning of the November series, a huge fall has been seen in IT stocks in today's weak business. But the biggest reason behind this is the US elections and the US Fed meeting. Presidential elections are going to be held in America this week. The results of this election will affect not only America but also global markets. Apart from this, the meeting of the US Federal Reserve is also important for investors.
BSE market cap fell
At present, the condition of Sensex is looking very bad and it is trading at 78,683, falling by more than 1040 points. Nifty is trading 330 points down at 23976 after a fall of 328 points. Amidst the fall in the market, the market cap of all listed companies on BSE fell by Rs 6.8 lakh crore to Rs 441.3 lakh crore.
The biggest falling stocks include Reliance Industries, Infosys, ICICI Bank, HDFC Bank and Sun Pharma Sensex. Because of these companies the market has fallen by 420 points. At the same time, the indices of L&T, Axis Bank, TCS and Tata Motors also declined.