By Admin 
Stock market today: The BSE Sensex fell more than 650 points or 0.8 % to 81,527, while NSE Nifty fell over 50 200 points to around 24,850. Today, Bajaj Finance and Bajaj Finserv were shared in the top loses of the Sensex. Apart from these, shares of Powergrid, Tata Motors and Infosys also declined. The shares of Shriram Finance, Bajaj Auto, Hero MotoCorp, IndusInd Bank and Wipro were seen under great pressure on the Nifty Index.
The Nifty Midcap 100 index fell to 1.4 percent and smallcap index to 1.9 percent amidst large -scale selling in the stock market today. In the sectoral index, Nifty Auto recorded a decline of 1.31 percent in the Nifty Financial Services and 1.5 percent in Nifty metal. Unlike this trend, Nifty Pharma was the only gainer, which took a 0.16 percent lead.
Due to this, the market cap of companies listed in BSE has come down from 460.35 lakh crore to 453 lakh crore in the last just two days. That is, 7 lakh crores of investors drowned in just two days. On Friday alone, there has been a loss of 5 lakh crores.
Global market fluctuations
On Thursday, Asian markets also declined. Japan’s Nikkei 225 recorded a decline of 0.55 percent and the topics index by 0.73 percent. Australia’s ASX 200 also fell to 0.51 percent, while South Korea’s Kospi remained stable.
Meanwhile, the US stock market saw an increase. S&P 500 and Nasdaq composites reached the new all time high level. The S&P 500 rose at 6,363.35 with a gain of 0.07 % and Nasdaq jumped 0.18 per cent at 21,057.96. However, Dow Jones Industrial Average fell at 316.38 points or 0.7 percent to close at 44,693.91.
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