Share Market: Chaos in the stock market for the sixth consecutive day, investors lost Rs 6 lakh crore!

For the sixth consecutive trading session, the Sensex crashed as soon as it opened, causing huge losses to investors. The main reason for this fall is the announcement by the US to impose 25% import duty on steel and aluminium, which has created a slowdown in the global markets.

 
Share market News

The decline in the stock market is not stopping. For the sixth consecutive trading session, the Sensex crashed as soon as it opened, causing huge losses to investors. 

The Sensex opened with a fall of 274.56 points in early trade at 76,019.04 points and fell by 800 points within 45 minutes. 

The decline in the Sensex continues till the time of writing the news. At the same time, the Nifty has slipped 78.45 points to reach 22,993.35 points.

At the time of writing the news, at 10:04 am, the BSE Sensex of 30 shares fell by about 800 points, while the NSE was seen trading down by 200 points. 

In the market decline, the share of Mukesh Ambani's company Reliance fell by more than 3 percent, while the share of online food delivery company Zomato also saw a big decline. 

At the beginning of the business week, President Donald Trump decided to impose tariffs on the import of steel and aluminum, since then the trend of decline in the market has continued.

Investors lost Rs 6 lakh crore

The market capitalization of the stocks listed on BSE has come down to Rs 402.12 lakh crore which was Rs 408.52 lakh crore in the last trading session. That is, with the opening of the market today, investors have suffered a loss of Rs 6.40 lakh crore.

Ambani suffered huge loss

Talking about the top losers in the fall in the stock market, M&M Share (3.50%) included in the large cap has fallen to Rs 2976, while the decline in Zomato Share is not stopping and it is trading at Rs 207, down 3.41%. Apart from this, Mukesh Ambani's Reliance Share is trading at Rs 1194, down 3.18 percent.

Adani also suffered loss

Apart from this, Adani Ports (2.63%), IndusInd Bank (2.48%), PowerGrid Share (2.20%), Axis Bank Share (2.16%) were trading in decline in this category. 

Whereas shares of ITC, Asian Paints, Bajaj Finance, Titan, SBI, NTPC, Tata Motors, Tata Steel saw a decline of more than 1 percent.

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