Investors Wealth Loss: There has been a tremendous decline in the stock market in the last two trading sessions. Due to which the investors have suffered. In the two-day trading session in the market, the property of investors was dented by Rs 6.47 lakh crore.
The market capitalization of the Mumbai Stock Exchange declined by Rs 6.47 lakh crore to Rs 265.29 lakh crore from Rs 271.76 lakh crore in two days of decline. The Sensex has fallen by more than 1300 points in two days. On Friday, the Sensex had seen a fall of 714 points, while on Monday, a fall of 617 points was seen.
On Monday, due to the fall in the big stocks like Tata Steel, Tech Mahindra, NTPC, Reliance Industries, ITC, there has been a big fall in the market. The fall in the market has also hit the shares of small and medium companies. The biggest decline was seen in the IT sector.
Due to the fall in the markets around the world, there was a decline in the Indian market. The market is disappointed with the results of the companies. At the same time, rising inflation, rising fuel prices, prolongation of the ongoing war between Russia and Ukraine and the lockdown in China due to Corona virus have increased the market anxiety, due to which foreign investors are selling.