Earthquake in Indian stock market: Sensex fell by 961 points, investors lost Rs 5.5 lakh crore

Indian Stock Market Crash News: According to information received from Mumbai, domestic stock markets closed with a big fall on Friday amid weak global trends and fresh withdrawal of foreign capital.

The Sensex fell 961.42 points to close at 81,287.19, while the Nifty fell 317.90 points to 25,178.65. According to analysts, investor sentiment has been affected by the fear of increasing tension in West Asia. Due to selling, there was a loss of more than Rs 5.5 lakh crore in investors’ wealth.

condition of global markets

A mixed trend was seen in Asian markets. South Korea’s Kospi index fell nearly one percent. Whereas Japan’s Nikkei, China’s Shanghai Composite and Hong Kong’s Hang Seng were in the lead. A mixed trend was seen during trading in European markets. At the same time, the markets of the United States closed mostly with a decline on Thursday, which also affected the Indian markets.

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Rupee also under pressure

The Indian currency also remained under pressure due to global uncertainties and sharp rise in crude oil prices. On Friday, the rupee fell eight paise and closed at 90.99 against the dollar. Experts believe that as long as global tensions and selling by foreign investors continue, the market may remain volatile. Investors have been advised to invest with caution.