Stock Market Today: There has been a lot of volatility in the stock market this week. Due to weak global cues, the selling trend in the Indian market has also continued. There has been a big sell-off in the market due to foreign institutional investors (FPIs), due to which the investors have lost about Rs 6.15 lakh crore. Let us tell you that due to the fall of only 3 days, the investors have suffered heavy losses.
The market closed with a fall on Friday
After trading on Friday, the BSE Sensex fell for the third consecutive day. The Sensex index closed at 59,306.93 points, down 677.77 points, or 1.13 per cent.
At the same time, the Sensex has fallen by 2,043.33 points or 3.33 percent in three days.
How much did the market cap fall?
After the fall of the Sensex, there has been a big fall in the market cap of the companies listed on the BSE. The market cap of the top-10 companies came down by about Rs 6,15,583.53 crore to Rs 2,59,20,458.07 crore.
There was a big fall on Thursday too
Let us tell you that on Thursday, the biggest decline of the last 6 months was seen in the market. The Bombay Stock Exchange (BSE) Sensex closed at 59,984 points, down 1158 points, or 1.89 per cent.
There was a big fall in the share of IRCTC
During Friday’s trading, there was a big fall in the shares of IRCTC. The Railway Ministry has asked IRCTC to give 50 percent of the convenience fee received from ticket sales to the Railways. Only after this news, the stock fell by about 29 percent. During the fall, this stock had reached the level of Rs 650. At the same time, later the news came that the Railway Department has withdrawn its decision, after which the stock recovered a bit.
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