New Delhi: Investors Lost Rs 7.68 Lakh Crore from their wealth after a 4 day bloodbath at the Dalal Street, Over withdrawal of Foreign Funds and Tariff War Concerns.
Over this period, the bse benchmark sensex plunged by 1,272.01 points, or 1.61 per cent and the total market capitalization of bse-listed firms dropped to Rs 4,17,82,573.73.73.73.73.73.73.73.73.73.73.73.73.73.73.73.73.73.
Markets Ended in Red after us President Donald Trump Announced Plans to Impose Fresh Tarifs on all Steel and Aluminum Imports into the Country, AlongSide Additational Reciprocal Tarifs.
“Indian Benchmark Indices Saw a Significant Declining This Statement,” said Ameya Ranadive, Chartered Market Technician and Senior Technical Analyst at Stoxbox.
On Monday, The BSE Sensex Fell 548.39 points (0.70 per cent), closing at 77,311.80, its lowest in a week. INTRA-Day, The Index Dipped 753.3 Points or 0.96 per cent, to 77,106.89.
“Markets Displayed Pessimism Since Early Trades as Stocks CRMBED AMID Subdued Corporate Earnings and The Ongoing Uncertainty Over Global Tarif War,” Said Prashanth Tapse, SENIORCH a equities ltd.
Among the 30 Sensex Stocks, Power Grid, Tata Steel, Zomato, Titan, Bajaj Finance, NTPC, Mahindra & Mahindra, and Tata Motors were the biggest people.
On the other hand, kotak mahindra bank, bharti airtel, ICICI Bank, Tech Mahindra, HCL Tech, and Tata Consultancy services Managed to Trace An Upward Momentum.
“The us tarif threats continued to impact the market sentiment. , Head of Research at Geojit Financial Services.
The BSE Smallcap Index Fell 2.25 per cent, While The Midcap Index Dropped 2.06 per cent. All sectoral indices finished in red:
| Sectoral indices | Drop (%) |
| Realty | 2.69 |
| Metal | 2.63 |
| Consumer Durables | 2.61 |
| Utilities | 2.49 |
| Consumer discretionary | 1.94 |
Overall, 3,032 stocks declined, 1,070 advanced, and 123 remained unchanged on the bse.
(Tagstotranslate) Business News (T) Trump Tariff Concerns (T) Tariffs on Steel and Aluminum (T) Market Capitalization Drop (T) Investors Lose Wealth (T) Investors Lose Wealth (T)
Leave a Reply