New Delhi : If you invest in the stock market, then reading this news can prove to be very important for you. Till some time ago, people were asked how much did you earn from the stock market? But now the question is asked, how much did you lose in the stock market? Because the condition of the Indian stock market has been going bad for a long time.
For the last one month, the stock market seems to be closing in the red. The money that investors had earned in the last one year is being wiped out in just a few days. For the first time after the Corona period, such a decline is being seen in the stock market.
Maa Lakshmi angry with investors
This decline in the stock market seems to be affecting retail investors the most. This is being said on the basis of data. If we look at the data of the last one month, the market situation looks quite pathetic. As soon as the stock market opens, it is expected that there may be a rise in the market today, but due to profit recovery, this is not possible. It is being said that before Diwali, Goddess Lakshmi has become angry with the investors.
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Sensex fell 8 percent
A huge decline is being seen in both the major indices of the stock market, Sensex and Nifty. If we talk about Sensex, it has fallen by about 6500 points from its all-time high level and Nifty has reached a low of about 2,100 points. Nifty has also declined by about 8 percent. Besides, Sensex has also fallen below 8 percent.
Why did the market fall?
After seeing such a situation in the stock market, the first question that arises is why is such a situation happening in the market? If the opinion of domestic market experts is to be believed, then the biggest reason behind this happening is profit making. For the last few days, profit booking seems to be increasing rapidly in the market, due to which Sensex and Nifty are registering a decline.
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