There was an earthquake in the market, Sensex fell by 900 points; Investors lost Rs 3 lakh crore

Mumbai There was a huge decline in the Indian stock market on Wednesday, which left investors breathless. Bombay Stock Exchange’s main index Sensex closed with a huge fall of nearly 900 points. The biggest blow of this earthquake fell on the pockets of investors and in a single day about Rs 3 lakh crore was wiped out from the total capital of the market.

Red marks everywhere, all big and small shares collapsed

This selling in the market did not spare anyone. Along with big companies, tremendous pressure was also seen in midcap and smallcap stocks. During trading, most of the sectors were seen trading in the red. The heartbeats of investors increased further when the trend of decline in shares one after the other did not seem to stop.

Global tension and FII withdrawal became a major reason

Market experts are counting many big reasons behind this decline. Global geopolitical tensions, continued selling by foreign institutional investors (FIIs) and increasing economic uncertainties completely spoiled the market sentiment. Experts say that there is a need to be extremely cautious in the market at present, because the phase of ups and downs does not seem to be stopping yet.