On March 25, there was a sharp sell-off in the domestic stock market amid mixed global signals. In the intraday, the Sensex lost about 900 points and weakened to the level of 48,236, while the Nifty also came close to 14300. At the end of trading, the Sensex had a weakness of 740 points and closed at 48,440. At the same time, the Nifty lost 225 points and closed at 14325 level. Banks, auto, IT, FMCG and realty stocks have fallen drastically. Weakness has been seen in other sectors as well.
3.5 lakh crore rupees of investors have been drowned in a day in the market’s downfall. Maruti and Airtel have been today’s top losers, while Dr. Reddy’s and ICICI Bank are the top gainers. Talking about global signals, the major US markets closed on Wednesday on Wednesday. At the same time, there is a boom in Asian markets today.
Today, the market cap of BSE-listed companies has come down to 1,98,92,302.79 crore in the fall of the market. While on Wednesday it closed at 2,02,48,094.19 crore. That is, investors have suffered a setback of 3.5 lakh crores in a single day. While talking about 2 days, about 7 lakh crores of investors have become clear. The market cap of BSE listed companies closed at Rs 2,05,76,061.90 crore on Tuesday.
