Mumbai: The first few hours of trading in the stock market today were very good. But there was a sudden decline in the news of the unrest at the border. The Bombay Stock Exchange’s Sensex suddenly fell 1,500 points. Similarly, the Nifty of the National Stock Exchange fell by 300 points to 11,350 points. On the night of the 28th and 30th, Chinese troops attempted to enter the Indian border. This led to a confrontation between both the Indian and Chinese armies. Investors were alarmed when the news spread at lightning speed. Many investors sold their shares in the hope of making a profit as fears of an escalating geopolitical crisis emerged. The Sensex fell sharply as more investors sold shares at the same time. Of course, there was an improvement at the end of the deal.
Today, the Sensex fell 436 points to close at 34,728 points. Similarly, the Nifty fell by 270 points to close at 11,38 points. Investors have lost Rs 5 lakh crore due to the decline in Sensex. Prior to today’s trading, the total market capitalization of all the companies listed in the stock market (Market Capitalization4) was Rs 1,53,55,6 crore. By the end of the transaction, it had lost about Rs 5 lakh crore. Shares of HDFC Bank, Axis Bank, ICICI Bank, IDFC Bank, Kotak4 Bank fell sharply as investors sold shares. Shares of major companies such as State Bank, Sun Pharma, NTPC, Bajaj Finance, Kotak Bank, IndusIndia Bank, Altratech Cement4, Mahindra & Mahindra, ICICI Bank, L&A and Maruti are also listed.
