stock market All-round selling is going on these days. What to do if investors are not able to understand what to do? Investors are suffering huge losses due to the big fall in the market. Let us tell you that due to the strong selling in the stock market for the last 4 days, investors have lost a total of Rs 24.69 lakh crore. At the same time, if we talk from the beginning of this month till now, Rs 27.37 lakh crore has been spent. At the same time, if we look at the data of the last six months, the market cap of companies listed on BSE on August 1, 2024 was Rs 4.61 lakh crore. It has now reduced to Rs 4.17 lakh crore. In this way, investors have lost Rs 44.54 lakh crore in the last six months.
Sensex fell 1,869 points in four days
BSE’s benchmark index Sensex closed with a huge fall of 1,048.90 points or 1.36 percent for the fourth consecutive trading session on Monday. With this, the Sensex has fallen by a total of 1,869.1 points or 2.39 percent in four trading sessions. In this way, the total market capitalization of companies listed on BSE declined by Rs 24,69,243.3 crore to Rs 4,17,05,906.74 crore ($4.82 lakh crore). On Monday alone, there was a huge decline of Rs 12.61 lakh crore in investors’ capital. Amid all-round selling in the market, a huge fall of 4.17 percent was recorded in BSE Midcap index and 4.14 percent in Smallcap index.
Why does the market continue to decline?
Vinod Nair, head of research, Geojit Financial Services, said that heavy selling was seen in the global markets. This also affected the domestic market. The reason for this is the strong employment figures in America, due to which there is a possibility of less cut in the key interest rate in 2025. This strengthened the dollar, raised bond yields and made emerging markets less attractive. Additionally, the recent slowdown in GDP (gross domestic product) growth amid high valuations and weak corporate earnings impacted market sentiment, he said. Among the 30 Sensex stocks, Zomato fell nearly seven percent. Apart from this, Power Grid, Adani Ports, Tata Steel, NTPC, Tata Motors, Tech Mahindra, Mahindra & Mahindra, Asian Paints, Sun Pharma and UltraTech Cement also declined significantly.
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