Stock market today: Sensex, Nifty fall over 1% each for 2nd day in a row; investors lose over ₹7 lakh crore in 2 days
5 biggest concerns around Iran-Israel tensions that could impact Indian stock market Indian stock market benchmark Sensex opened with a cut of 930 points at its day's low level of 73,315.16, against its previous close of 74,244.90. The 30-share index finally closed 845 points, or 1.14 per cent, lower at 73,399.78.
The Nifty 50 opened 180 points lower at 22,339.05 against its previous close of 22,519.40 and extended losses to fall as much as 260 points, to hit the day's low of 22,259.55. The index closed 247 points, or 1.10 per cent, lower at 22,272.50.
The mid and smallcap indices suffered deeper losses. The BSE Midcap index fell 1.50 per cent while the Smallcap index declined 1.54 per cent.
The overall market capitalisation of BSE-listed firms on Monday stood at nearly ₹394.7 lakh crore. Last Thursday, the overall market capitalisation of BSE-listed firms was nearly ₹402.2 lakh crore.
This means in just two days, investors got poorer by about ₹7.5 lakh crore. Investors lost nearly ₹5 lakh crore in just one day as in the previous session, BSE-listed firms' cumulative market capitalisation was nearly ₹399.7 lakh crore.
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