Stock Market Crash On 25 October 2024: In the last trading session of the week, once again a sharp decline was seen in the Indian stock market. After a strong opening in the morning, there was a sharp decline in the market due to sudden return of profit booking. Sensex fell 600 points from the day’s high and Nifty fell more than 200 points. In today’s session, once again the brunt of the selling was seen in midcap and smallcap stocks. Nifty’s midcap index has slipped 1300 points and small cap index has slipped 400 points from the day’s high. Within an hour of the market opening, investors have suffered a loss of more than Rs 6 lakh crore.
Investors lost Rs 10 lakh crore
Investors have suffered huge losses due to the sharp fall in the stock market. The market cap of stocks listed on BSE has fallen to Rs 434 lakh crore, which was Rs 444 lakh crore in the last session. That means investors have suffered a huge loss of Rs 10 lakh crore in today’s session.
FII sold shares worth Rs 1 lakh crore
The month of October has proved to be the worst for the Indian market after the Corona epidemic. This month, till October 24, 2024, foreign portfolio investors sold shares worth Rs 97,113 crore. After the kind of selling seen today, this figure is likely to cross Rs 1 lakh crore.
sectorol update
In today’s trade, the biggest selling is being seen in banking stocks. Bank Nifty index has slipped down by 1000 points. Apart from this, a decline is being seen in the shares of Auto, Pharma, Metals, Real Estate, Energy, Consumer Durables and Oil and Gas sectors. FMCG and IT are the only two sectors whose shares are seeing a rise. INDIA Vix is trading with a rise of 5.51 percent.
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