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Share Market: The Indian stock market has been going through a very bad phase for the last five months, which is discussed all over the world. This was the first time in 1996, when there was a decline in the market for five consecutive months between July and September. During the last five months, there has been a decline of 12.65 percent in Nifty and 11.54 percent in Sensex. Due to this decline, the market cap of BSE has also decreased and 92 lakh crores of investors have been drowned.
Share market moves deteriorating since October
This figure of loss in the stock market was the highest 40.80 lakh crores in February. While the market cap of BSE on 31 January was 4,24,02,091.54 lakh crore, while on February 28, it has lost 3,84,01,411.86 crore till the closure of business. This period of decline in the stock market started from October, when 29.63 lakh crores of investors were submerged. In the month of November alone, investors had gained 1.97 lakh crores. There was a loss of 4.73 lakh crores in December and this figure increased to 17.93 lakh crores in January.
What is the reason for this decline?
There are many reasons behind the decline of the stock market. In this, selling of foreign investors is the biggest reason. FPI has sold shares worth Rs 2.13 lakh crore continuously since October. Along with this, the decision to increase the tariff of Trump has also affected the market. The decline in the Asian market behind this cannot be ignored. Japan’s Nikkei Index 3 percent South Korea’s Kospi Index 2.7 percent and Hong Kong’s Heng Seng 1.5 percent has broken.
Disclaimer: (Information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)
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