Share Market: Investors ruined, loss of Rs 6.82 lakh crore in 1 day Share Market is on freefall today investors lost around rs 7 lakh crore here are reasons


Sensex and Nifty

Sensex and Nifty

The Sensex opened at 56,517.26 as compared to the previous closing level of 57,011.74. During trading, it slipped to a low of 55,132.68 and finally closed at 55,822.01 with a weakness of 1189.73 points or 2.09 per cent. On the other hand, Nifty opened at 16,824.25 against the previous closing level of 16985.20 and finally closed at 16,614.20, slipping 371 points or 2.18 percent. Today Nifty slipped downwards to 16,410.20.

how much damage

how much damage

Today investors lost more than Rs 6.82 lakh crore. The market capitalization of BSE declined to Rs 252.5 lakh crore from Rs 259.4 lakh crore in the previous session. It was Rs 2,59,37,277.66 crore at the end of last session, which has now come down to Rs 2,52,55,176.61 crore. Exactly the investors suffered a loss of Rs 682101.05 crore.

Weakness in global market

Weakness in global market

On the global front, Japan’s Nikkei and Hong Kong’s Hang Seng fell over 2 per cent, while China’s Shanghai Composite fell 1 per cent and South Korea’s Kospi fell 1.8 per cent. Foreign portfolio investors (FPIs) have been pulling out money from the Indian markets for the past three months following signals from global central banks that interest rates are likely to rise in the coming quarters.

These are two big reasons

These are two big reasons

Omicron’s rising cases have alerted investors. Investors are mostly worried about the possibility of travel restrictions and lockdown, which will have a bad effect on the economy. The Indian economy, which is on a comeback track after the first and second waves of the pandemic, will suffer a setback if Omicron cases rise rapidly in India. Another reason is the signal by major global central banks such as the US Federal Reserve that the ‘easy money’ policy will be eased, making it possible to raise interest rates to combat rising inflation. The Bank of England hiked policy rates on Friday.

what investors to do

what investors to do

Experts believe that long-term investors should stay invested as the prospects ahead for the Indian economy remain bright. Such investors should not panic and sell the shares due to the current sell-off. The market had declined last year as well, but recovered sharply as things came under control. Moreover, domestic institutions including mutual funds are buying in the market these days, which bodes well for the stock market.





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