By Admin 
Investors Loss 19 lakh Crore: Investors have suffered huge losses due to the decline in the Indian stock market in the last four trading sessions. The expectation of prolongation of this dispute arising between Iran and Israel has shaken the confidence of investors. According to the data, amidst this atmosphere of war, the market cap of the companies listed on BSE has reduced by about Rs 19 lakh crore.
There is also uncertainty regarding crude oil. The impact of the Iranian government’s decision to close the Strait of Hormuz is visible on crude oil prices. Experts who have understanding of the subject say that the price of crude oil may cross $ 100 per barrel.
Investors suffered huge losses
The sharp decline in the stock market has had a direct impact on the wealth of investors. According to the data, the total market cap of BSE listed companies decreased by about Rs 19 lakh crore. Due to which investors have suffered a big financial blow. This situation that has arisen at the global level has caused huge losses to investors.
Highest decline in these sectors
Amidst the increasing tension in the Middle East, there has been a strong decline in PSU banks, tourism, airline stocks, real estate, banking and auto sectors from the Indian domestic market. Indian companies are suffering double losses due to the stoppage in crude oil and gas supply.
Besides, shares of companies that depend on Middle East countries for their earnings are also turning red like tomatoes. However, meanwhile, there has been a rise in the shares of some companies in the defense sector.
Crude oil becoming expensive can have a wide impact
Due to increasing tension in the Middle East, there is instability in global markets. Also, there is a possibility of crude oil prices going above $100 per barrel. According to a report published in ET, experts believe that in the current situation the decline in the stock market cannot be called just a normal correction.
Rather, it could also be the beginning of long-term weakness. If crude oil prices increase rapidly, it can have a direct impact on inflation. Due to which many other sectors of the economy will also be affected. Besides, the danger of inflation on common people will also increase.
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