September 20, 2024

share market this week, share market crash, investors lose lakhs of crores in just six trading sessions – share market crash investors suffer rs 8.3 lakh crore loss as market extends losses in 6th session


Mumbai :Investors in the stock market have been hit hard during the week. Investors have lost Rs 8.30 lakh crore in six sessions of capital investment as share selling continued on Friday. Amol Athawale, Deputy Vice President of Kotak Securities Limited, said that the market saw fluctuations during the day. Due to lack of enabling capital environment at the global level, stock markets were depressed.

Mumbai Stock Market
– Since February 16, the BSE Sensex has fallen 1,855.58 points or 3 percent

– Market capitalization of BSE listed companies fell by Rs 8,30,322.61 crore to Rs 2,60,00,662.99 crore.

Upper Circuit Stocks: Penny stocks Sensex, Nifty recovered and also reached the upper circuit
Friday market
– Sensex closed down 141.87 points at 59,463.93.

– The Sensex fell by 280.46 points to hit a low of 59,325.34 in an intra-day session.

– NSE Nifty closed down 45.45 points at 17,465.80.

– Among the 30 Sensex-building companies, shares of Mahindra & Mahindra, Tata Steel, Tata Motors, Marputi, Larsen & Toubro, HDFC, HDFC Bank, Tech Mahindra and Bharti Airtel fell sharply.

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– Shares of Asian Paints, Bajaj Finserv, Powergrid, Reliance Industries, NTPC and Ultratech Cement advanced.

– BSE Midcap and Smallcap indices fell by 0.17 per cent and 0.15 per cent respectively.

– Sectoral indices include Metals (2.39 percent), Commodities (1.17 percent), Autos (0.99 percent), Real Estate (0.70 percent), FMCG (0.40 percent), Power (0.38 percent ) and Consumer Discretionary (0.37 percent) indices declined.

– Sectoral indices like Energy, Healthcare, Consumer Staples, Oil & Gas benefited.

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International status

– In Asia, the stock markets of South Korea, China and Hong Kong fell.

– Japan’s stock market rose.

– European stock markets were up in the afternoon session.

– On Thursday, the US stock market rose.

– The price of Brent crude increased by 0.92 percent to 82.97 dollars per barrel in the international oil market.

– Foreign portfolio investors are seen to have sold shares worth Rs 1,417.24 crore.



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