Investors lost Rs 14 lakh crore in the share market in the last 5 days, know how the market will move today

The conflict in the middle countries has affected the Indian stock market. The stock market has been trading in the red for the last 5 trading days. Due to this, investors have faced losses of more than Rs 14 lakh crore. Experts believe that this decline may still continue. Let us know which companies' stocks will be in action today.

Thu, 26 Oct 2023 10:16 AM (IST)
Investors lost Rs 14 lakh crore in the share market in the last 5 days, know how the market will move today

There has been a decline in the stock market for the last five trading sessions. Investors also faced losses due to the huge fall in the BSE Sensex and Nifty. On Wednesday, the last trading day, the Sensex fell by 523 points and closed at 64,049 points. At the same time, Nifty fell by 159.60 points and closed at 19,122.15 points. Let us tell you that the stock market has closed in the red for the fifth consecutive day.

Due to the decline in the stock market, investors have suffered a loss of Rs 14.60 lakh crore. The Israel-Hamas military conflict began on October 7. Due to this conflict, the stock market has fallen by 2.70 percent so far. At the same time, there has also been a decline in the mcap of the companies listed in the market. The mcap of companies has increased to Rs 3,09,22,136.31 crore after a decline of Rs 14,60,288.82 crore.

Regarding the decline in the stock market, many experts say that this decline remains a matter of concern. Due to this decline, foreign investor portfolios are continuing to sell in the stock market. This decline in the stock market is expected.

The stock market has declined due to quarterly results. The data released by IT companies has also disappointed investors. Due to this, selling is being seen in IT shares also. Infosys shares have fallen by 2.70 percent yesterday. Ever since the company's quarterly results came out, the company's stocks are trading in the red.

Due to this decline in the stock market, investors are waiting to see when the stock market will rise again. Experts believe that the stock market will continue to decline. Today the shares of Axis Bank, Tech Mahindra, Jubilant Foodworks, IndusInd Bank, Rallis India, and Gulf Oil will be under watch. On Wednesday, these companies announced their quarterly results. These stocks can be seen in action today.

Muskan Kumawat Muskan Kumawat is a Journalist & Content Writer at Sangri Times English, covering a wide range of topics, including news, entertainment, and trending stories. With a strong passion for storytelling and in-depth reporting, she delivers engaging and informative content to readers.