Share Market Bloodbath: Investors Hit by ₹3 Lakh Crore Loss

Mumbai (The Uttam Hindu): Indian stock market registered a huge decline in early trade on Monday due to weak global cues and all-round selling pressure. The Bombay Stock Exchange (BSE) Sensex fell more than 900 points to reach the level of 81,488, while the National Stock Exchange (NSE) Nifty 50 was also seen trading below 24,850.

The Sensex opened weak at 81,704.07 against its previous close of 82,408.17 and fell over 1% to hit a low of 81,488.54 in the opening minutes of the day. Similarly, the Nifty50 opened at 24,939.75 against its previous close of 25,112.40 and fell over 1% to hit 24,834.55. The BSE Midcap and Smallcap indices were also trading lower by around 1%.

The total market capitalization of companies listed on BSE fell to around Rs 445 lakh crore from around ₹ 448 lakh crore in the previous trading session. This shows that investors lost about Rs 3 lakh crore in the first 15 minutes of trading.

To read this news in hindi, CLICK HERE