There has been heavy selling in the stock market. The market started strongly. The Sensex crossed 44800 for the first time in business. The Nifty also crossed the 13000 level. After trading strongly in the day, there was a huge profit in the last hour of trading. Sensex weakened by about 997 points from upper levels. At the same time, the Nifty also fell below 12900 with a big fall. All-round selling has been seen in the market. Currently, the Sensex has fallen by 695 points and has closed at the level of 43,828.10. At the same time, the Nifty lost 197 points and closed at the level of 12858. The Sensex had strengthened to the level of 44825 in today’s trade. At the same time, it came down to the level of 43,787.18. In this fall, 2 lakh crores became clear in one stroke of investors.
There has been a big decline in the bank and financial sector. Although shopping in PSU banks. Pharma, IT and metals are also broken. On Sensex 30, except ONGC and Powergrid, all the shares have gone into the red mark. Talking about global signs, political instability has reduced with the beginning of the process of changing power in America. Due to this, the US market gained momentum on Tuesday. Today there is a boom in Asian markets.
In this decline of the market, investors have received a big blow of Rs 2 lakh crore today. On November 24, the market cap of BSE listed companies was 1,74,81,921.28 crore, which came down to 1,72,59,469.95 crore. That is, the market cap of BSE listed companies has reduced by about 2 lakh crores in one stroke.
In Arj’s business, 28 stocks of Sensex 30 have fallen. Except ONGC and PowerGrid, all the shares went in red. The top losers include Axis Bank, Kotak Bank, Sun Pharma, Bajaj Finance, Asian Paints, HDFC Bank, Airtel and Tech Mahindra.
There is an all-round selling in the market in today’s business. 10 of the 11 major indices on the Nifty closed in red. Pharma index and realty index fell more than 2 percent. Banks, auto, IT and financial indices weakened more than 1.5 percent. The metal fell nearly 1 percent and the FMCG index fell more than 1 percent. The PSU bank index closed in the green mark.