Ahmedabad: Due to signs of recession in cut in interest rates in the new year, pre-warning issued by foreign fund managers and other adverse factors, the Sensex in the stock market fell by 4091 points in the five trading sessions of the current week. There was selling on Christmas and during this period the wealth of investors also declined by Rs. There has been massive erosion worth Rs 18 lakh crore.
The Indian market was also affected as every asset globally suffered losses due to massive selling before fund managers left for Christmas holidays, geopolitical headwinds, rising dominance of the dollar among other adverse factors. Even today, a difference of 1176 points was seen in Sensex and 364 points in Nifty due to selling led by foreign investors. Today, investors' wealth (BSE marketcap) stands at Rs. There was a loss of Rs 8.77 lakh crore and ultimately Rs. Rs 440.99 lakh crore came out. In the last five trading sessions, Sensex has fallen by 4091 points and Nifty by 1180 points due to various adverse reports. In these five sessions, investors lost Rs. There was a loss of Rs 18 lakh crore. While foreign investors invested Rs. Have invested. Sales worth Rs 15829 crore were made. On the other hand, local bodies have Rs. New borrowing of Rs 12341 crore was taken.
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