Investors lost Rs 5.59 lakh crore in 3 days due to the continuing fall in the stock market


Investors Wealth Loss: Due to the Russia-Ukraine War, investors are facing heavy losses due to the tsunami of fall in the stock market. Sensex and Nifty also saw a huge decline on Friday. Due to which there was a huge decrease in the wealth of the investors. The BSE Sensex closed at 54,333.81 points, down 768.87 points, or 1.40 percent. In the last three days, the Sensex has seen a fall of 1,913.47 points or 3.40 percent.

Investors have lost Rs 5.59 lakh due to the continued fall in the stock markets for the last three days amid global turmoil. With this, the market capitalization of BSE listed companies has declined by Rs 5,59,623.71 crore to Rs 2,46,79,421.38 crore in the last three days.

Foreign investors have sold the most in Friday’s trading session. Foreign investors sold shares worth Rs 7,631 crore on 4 March 2022. This is a big sell-off of foreign investors in a single day after 26 February 2021. While domestic institutional investors have bought shares worth Rs 4,739 crore on Friday.

The biggest problem for India is the rising crude oil prices, which have reached the level of $ 113 per barrel. Due to expensive crude oil, the prices of petrol and diesel can be increased after the assembly elections, due to which inflation is expected to increase. Commodity prices are increasing continuously, which can increase the cost of companies.

read this also

Petrol Diesel Price: To compensate for the loss of oil companies, the price of petrol and diesel will have to be increased by Rs 12, claims the report of ICICI Securities

Automobile Sales Dips: Due to semiconductor shortage, sales of vehicles decreased by 8 percent in February, the crisis will deepen due to Russia-Ukraine war

,

Leave a Reply

Your email address will not be published. Required fields are marked *