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Stock Market Crash: Investors have suffered heavy losses in the stock market. This is because suddenly the market has seen a decline.
Stock Market Crash: Investors have suffered heavy losses in the stock market. Actually, there has been a sudden decline in the market. By about 1 o’clock in the afternoon, both SENSEX and Nifty have been shattered. Where on one side the Nifty broke 200 points and Sensex has broken down by about 750 points. At present, the Sensex is seen trading at 80,644.56 and Nifty 24,521.10 points. During this time, out of the top 30 shares of BSE, only 1 stock i.e. Mahindra & Mahindra has seen a boom. All the other shares have been broken and shattered. The biggest decline has been seen in the shares of Adani Port, with a decline of about 2.54 percent.
Why did the stock market fall?
At the same time, there has been a huge decline in the market due to pressure in midcap, smallecap and Nifty Bank in this episode. Meanwhile, there has also been a decline in heavyweight shares. At the same time, Adani’s shares are also breaking up. This is because Irani Petroleum is under investigation against Adani in the US. During this time there has been a decline of 3 percent.
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More fall in these shares
Let us tell you that during this time the most decline is being seen in the shares of midcap. Among them, YES Bank’s stock is seen trading 10 percent, Ola Electric’s stock 7 percent and Suzalon Energy shares are seen trading about 4 percent.
At the same time, Reliance Power 4.57 percent, IFCI 3.07 percent and IDBI Bank in the small cap has lost about 3 percent. ICICI PRDENIL is trading in the lordCap stock by falling 3.37 per cent, Adani Port 2.5 per cent and Adani Energy 2.26 per cent.
Investors suffered heavy losses
The BSE market capitalization has also declined. Let us tell you here that yesterday’s total market cap was 445.50 lakh crore rupees, which has reached about 2 lakh crores today to 443.52 lakh crore rupees.
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