The way crude oil prices have seen a rise after the Middle East war. Since then, the sentiment of stock market investors has deteriorated considerably. Due to record fall in rupee and selling by foreign investors, the stock market has reached its lowest level in 11 months on Wednesday. The special thing is that the stock market has seen a decline of 4 percent in the last 3 trading days. Due to which stock market investors have suffered a loss of more than Rs 21 lakh crore.
Whereas on Wednesday, both Sensex and Nifty saw a decline of one and a half percent. However, quoting the New York Times, it has been reported that the people of Iran proposed to discuss the terms of ending the war. If this is true then there may be relief in the stock market on Thursday. Let us also tell you what kind of figures are being seen in the stock market.
Bombay Stock Exchange's main index Sensex closed with a decline for the third consecutive day. On Wednesday, the Sensex closed at 79,116.19 points with a fall of 1123 points or 1.40 percent. The special thing is that there was a fall of about 1,800 points in the Sensex during the trading session. After which the Sensex came to 78,443.20 points. If experts are to be believed, the Sensex has been seen trading at its 11-month lower level during the trading session. However, the Sensex opened this morning at 78,528.82 points.
The special thing is that there has been a decline in sex for three consecutive days. If we look at the data, there has been a decline of 3.81 percent in Sensex in these three trading days. According to the data, three trading days ago i.e. on February 26, the Sensex had closed at 82,248.61 points. Since then, the Sensex has seen a decline of 3,132.42 points. This means that on Wednesday the Sensex closed at 79,116.19 points.
On the other hand, Nifty 50, the main index of National Stock Exchange, was also seen crashing. On Wednesday, Nifty closed at 24,480.50 points with a fall of 385.20 points. However, during the trading session, Nifty has also seen a fall of about 550 points. According to the data, Nifty opened at 24,388.80 points. Nifty has also reached its lowest level in 11 months.
By the way, Nifty has seen a big fall in 3 consecutive trading sessions. If we look at the figures, Nifty has fallen by 4 percent. According to NSE data, Nifty closed at 25,496.55 points on February 26. Whereas on Wednesday Nifty closed at 24,480.50 points. This means that Nifty fell by 1,016.05 points.
By the way, if we talk about Wednesday, the stock market investors have suffered a loss of about Rs 10 lakh crore. According to the data, when the market cap of the stock market was at Rs 4,56,90,693.19 crore on March 2, it came down to Rs 4,46,81,105.75 crore on Wednesday. Whereas in three trading days, stock market investors have lost Rs 21,68,168.94 crore. The market cap of BSE on February 26 was Rs 4,68,49,274.69 crore. If experts are to be believed, stock market investors may suffer further losses in the coming days.
