When the stock market opened on Monday morning, a rise was seen in Sensex and Nifty. Sensex once again appeared to cross 82 points. But the intensification of the conflict between Iran and Israel, the exodus of foreign investors due to the boom in the Chinese market and the exit polls based on the results of Haryana and Jammu and Kashmir assembly elections dominated the stock market. The Sensex also went below 81 thousand points during the trading session. The Sensex went down by more than 1,400 points from the day's high.
By the time the stock market closed, the Sensex had seen a fall of more than 600 points. On the other hand, a decline of about 200 points has been seen in Nifty also. Due to today's fall, stock market investors have suffered a loss of Rs 8.66 lakh crore. This is the sixth consecutive day of decline seen in the stock market. During this period, a decline of about 4,800 points has been seen in Sensex and about 1400 points in Nifty. At the same time, investors have suffered a loss of Rs 25 lakh crore. Let us also tell you what kind of figures are being seen in the stock market.
The stock market witnessed a decline for the 6th consecutive trading day. Bombay Stock Exchange's main index Sensex closed at 81,050 points with a fall of 638.45 points. The special thing is that during the trading session the Sensex also reached the day's lower level of 80,726.06 points. However, there was a rise in Sensex on Monday morning and it also reached the day's high with 82,137.77 points. This means that the Sensex fell by 1,411 points from its day's high. On the other hand, Sensex has seen a fall of 4,786.12 points in 6 trading days. On September 26, the Sensex closed at 85,836.12 points. Since then, the Sensex has seen a decline of 5.57 percent.
On the other hand, the main index of the National Stock Exchange, Nifty, also appeared to be falling. If we look at the data, on Monday Nifty closed at 24,817.30 points with a fall of 197.30 points. Whereas during the trading session, Nifty also reached the lower level of the day with 24,694.35 points. However, there was a rise in Nifty in the morning session and it also reached the day's high of 25,084.10 points with a gain of 100 points. This means that Nifty fell by 389.75 points from the day's high. Nifty has seen a decline for the 6th consecutive day. On September 26, Nifty closed at 26,216.05 points. Since then it has seen a decline of 1,398.75 points. This means that Nifty has suffered a loss of 5.33 percent.
If we talk about the loss of investors, then Rs 8.66 lakh crore was wiped out on Monday. But investors have suffered a loss of about Rs 25 lakh crore in 6 trading sessions. In fact, the loss of investors is linked to the market cap of BSE. On September 26, the market cap of BSE was Rs 4,77,16,290.02 crore, which decreased by Rs 24,92,949.03 crore to Rs 4,52,23,340.99 crore. On Friday, the market cap of BSE was Rs 4,60,89,598.54 crore. In which a decline of Rs 8,66,257.55 crore has been seen on Monday.
If we talk about falling stocks, Adani Port shares have seen a decline of 4.24 percent on NSE. Whereas BEL shares saw a decline of 3.54 percent. Shares of Adani Enterprises closed with a fall of 3.27 percent. At the same time, a decline of 3.18 percent is seen in the shares of Coal India and 3.10 percent in the shares of NTPC. SBI shares have seen a decline of 3.30 percent on BSE. Shares of Reliance Industries and Tata Steel saw a decline of more than 1 percent.
If experts are to be believed, the results of Haryana and Jammu Kashmir assembly elections will come on October 8. If exit polls are converted into exact polls then a big fall may be seen in the stock market. The results of the RBI MPC meeting will be revealed on October 9. In which it is being estimated that RBI MPC will not make any change in the repo rate for the 10th consecutive time. Whose effect can be seen on the stock market. This clearly means that the stock market may see an even greater decline in the coming days.
