Investors have suffered a huge loss of Rs 4.5 lakh crore due to weakness in the domestic stock market once again on Monday due to poor signals from the global market.
Stock Market : Investors have suffered a huge loss of Rs 4.5 lakh crore due to weakness in the domestic stock market once again on Monday due to poor signals from the global market. Let us tell you that due to heavy selling in auto-metal-FMCG shares, Sensex fell 638 points to 56,779 and Nifty fell 207 points to close at 16,887 level. Today in Monday’s trading, all the indices except Pharma have closed in the red mark. Due to which the investors have suffered huge losses. The biggest weakness was recorded in Nifty Metal Index at 3.02%. Besides, Nifty Auto, Nifty FMCG and Nifty PSU Bank indexes fell over 2%. Nifty Pharma gained 1.13% and Nifty Healthcare index gained 0.83%. Today, 3704 shares were traded on BSE, out of which 1451 shares declined while 155 shares closed without any change in 2098 shares.
Maruti’s most slippery shares
Due to weakness in the stock market, Maruti has been on top in the list of looser shares. Maruti’s stocks have fallen the least 3 percent. Apart from this HUL, IndusInd Bank, Bajaj Finance, SBI, ITC, Bajaj Finserv, Kotak Bank, ICICI Bank, LT, TCS, HDFC, HDFC Bank, Infosys, Asian Paints, Nestle India, Tatine, Tata Steel, Power Grid, HCL Tech There has been a sell-off in the stocks of many companies including Sun Pharma, Wipro.
Shares of these sectors also slipped
Talking about sector wise, today there has been buying in pharma and healthcare sector. Apart from this, all the shares have closed on the red mark. Today Nifty Bank, Nifty Auto, Financial Services, FMCG, IT, Media, Metal, Pharma, PSU Bank, Private Bank, Realty, Consumer Durable and Oil and Gas sector have also been selling. Due to which they also suffered a lot.
Last week climbed 1000 points
Let us tell you that after the announcement of the Stock Market Closing Monetary Policy, the decline in the stock market had stopped for several days on Friday. The BSE Sensex closed over 1,000 points on the last trading day of the week. After which investors got to see a big fall on Monday on the first day of this week. Due to which the investors suffered a loss of Rs 4.5 lakh crore.