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Share market closes with major downfall; Investors lose Rs 2.20 lakh crore

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Share market closes with major downfall; Investors lose Rs 2.20 lakh crore 1

new Delhi. Today the share market has closed with a big fall. The Sensex (Sensex) closed with a big fall of 660 points and the Nifty 50 (Nifty 50) 195 points. According to experts, this decline in the stock market has led to an increase in the wholesale price index and the havoc of the corona virus at the domestic and global level. coronavirus Crisis, the stock market has rolled down due to the decline in the banking sector and the auto sector sales report. At the same time, shares of TCS, Wipro and Reliance Industries also appeared cold today. At the same time, Wednesday is very important for the stock market. Reliance is going to be the AGM of the industry. In such a situation, it can be seen in the market.

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stock market crash
Today the stock market has seen a big decline. The Bombay Stock Exchange’s flagship index Sensex lost 660.63 points to close at 36033.06 points. On the other hand, the Nifty 50 has closed at 10607.35 points, down by 195.35 points. BSE Small Cap 119.01 and BSE Mid-Cap closed down 127.14 points. On the other hand, CNX Midcap saw a sellout of 164.80 points.

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Big drop in banking, auto and IT sector
Today the sectoral index has seen a big decline. Assuming the banking sector, Bank Exchange 765.07 and Bank Nifty have seen a decline of 697.10 points. On the other hand, BSE Auto closed at 389.61 and IT sector declined by 254.88 points. Capital Goods has fallen by 230.82 points. Metals 190.19, BSE PSU 121.50, Oil and Gas 104.10, BSE FMCG 105.46, Tech Sector 108.24 and Consumer durables declined by 39.94 points. While BSE Healthcare closed at a flat level with a slight gain of 1.82 points.

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Banks shares fall
Today there is a big drop in the shares of banks. IndusInd Bank and Axis Bank shares have fallen by more than 5%. While Zee Entertainment Enterprises closed at 4.29 per cent. Eicher Motors and Maruti Suzuki India, two big companies in the auto sector, have seen a decline of nearly 4 per cent. On the other hand, when talking about rising stocks, shares of Dr. Reddy Laboratories have gained 2.14 percent, Titan Company 0.77 percent and Bharti Airtel shares have gained 0.43 percent.

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2.20 lakh crore loss to investors
On the other hand, due to the fall in the stock market today, investors have also suffered losses. In fact, the advantage and disadvantage of stock market investors is tied to the market cap of BSE. If we talk today, the market cap of BSE has closed at Rs 1,42,17,607.90 crore. While the market closed at Rs 1,44,38,131.20 crore on Monday. If you look at the difference between the two days, it is Rs. 2,20,523.10 crores. This is the loss of market investors.

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