On the first trading day of the financial year, the stock market has not again left the turn of the decline behind. He is adamant at the same point. Due to which retail investors of the country are suffering a big loss. Looking at the stock market figures, within a minute of the BSE Open, more than 600 points were lost and investors lost Rs 2.39 lakh crore. On the other hand, the main index Nifty of the National Stock Exchange also saw a decline of more than 180 points.
According to the stock market experts, the Threat of Trump Tariff is clearly seen on the stock market. From April 2, Rasiprockle tariff will be implemented worldwide. The effect of which will also be seen on India. By the way, many ministries and officials of the country are engaged to neutralize this tariff. But till now such success has not been achieved, whose expectations were being expected. Let us also tell you what figures are being seen in the stock market.
There was a big decline in the stock market. The Bombay Stock Exchange's major index Sensex may be trading with a decline of about 120 points at 9.40 am, but at 9:16 AM reached 76,775.79 points, going down to 77 thousand points with a drop of 639 points at 9.16 am. However, the Sensex was open to 76,882.58 points. The Sensex also saw a decline on Friday.
On the other hand, Nifty, the major index of the National Stock Exchange, has also been trading at 23,542.40 points at 9.40 pm with a slight rise of 23 points at 9.40 pm, but in a few seconds the Nifty fell by 180 points to 23,339.10 points. Looking at the data, the Nifty was opened at 23341.10 points and on Friday, 23,519.35 points were closed.
On the other hand, talking about the declining shares, there is a decline in banking and IT shares on BSE. Infosys is witnessing a decline of 1.60 percent at 9.45 am. On the other hand, the shares of HDFC Bank and TCS are seeing a decline of one and more percent. Maruti, Kotak Bank, Sunforma, Tech Mahindra, Bajaj Finance, Bajaj Finserv, HCL Tech, Axis Bank shares are seeing a decline of less than one per cent.
On the other hand, IndusInd Bank shares are seeing the highest increase of 5 percent. Powergrid, Mahindra & Mahindra, Adani Port, Bharti Airtel, Nestle India, Jomato, SBI, Tata Motors, Hindustan Unilever, ITC, Tata Steel, Titan, Reliance etc. are seeing an increase of 0.17 percent to 2 percent.
However, the stock market scared investors within a minute. If we look at the data, more than two lakh crore rupees were drowned in the investors. In fact, the benefit and loss of investors is fixed on the basis of BSE market cap. When the stock market was closed on Friday, the market cap of BSE was Rs 4,12,87,646.50 crore. The stock market reached Rs 4,10,48,016.89 crore within a minute of opening. This means that investors suffered a loss of Rs 2,39,629.61 crore.