Disappointment in the stock market, Sensex and Nifty fell rapidly, 5 lakh crores lost
Tuesday was a very disappointing day for the Indian stock market. Both the Sensex and Nifty of the market started trading with a strong rise, but by the time the market closed, this initial rise turned into a big fall. The 30-share Sensex of the Sensex Exchange closed with a fall of 820 points, while the Nifty of the National Stock Exchange also slipped by 300 points. Meanwhile, the shares of many big companies including HDFC Bank, Tata Motors, Adani Port collapsed. With this big fall, the market cap of the companies listed in BSE decreased by Rs 5 lakh crore.
Sensex slipped by 820 points
After opening in the green zone, BSE SENSEX jumped by more than 290 points, but suddenly this rise in the market turned into a big fall. By 12 noon, the BSE index fell by 500 points, while as soon as the market closed, the Sensex fell by 820 points or 1.03 percent and closed at 78,675.18 level.
Nifty fell by 257 points
During trading, the Nifty also slipped by more than 300 points and touched the level of 23,839.15. Although the pace of decline slowed down a bit by the time the market closed, but despite this, NSE NIFTY closed at the level of 23,883.45 with a fall of 257.85 points or 1.07 percent.
