Stock market panic, big crash in Sensex-Nifty, 20 lakh crores of investors in 6 days

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Stock Market Crash: By 11 am on Thursday, BSE's Sensex crashed by 780 points, and it is the turn of investors to suffer huge losses. However, the condition of the market has become miserable after a big crash of 242 points in Nifty. Sensex was currently trading around 63250 and Nifty around 18868. That is, 1.30 percent in Sensex and 1.34 percent in Nifty has already been spoken.

The impact of the Israel-Hamas war...

On the one hand, between the war between Israel and Hamas (Israel-Hamas War), when the world's attention is on it, its effect is also visible in the stock market. For the sixth consecutive day, the stock market was in a state of chaos. So far, if you look at the situation of the last 6 days, almost 20 lakh crores of investors have been lost.

Midcap and smallcap stocks are also in a miserable condition

The condition of midcap and smallcap stocks in the market has also turned miserable. The Nifty Midcap 100 lost 1.88 percent and the Small Cap 100 lost 2.57 percent. After the initial crash on Thursday, investors' wealth was suddenly washed away to the tune of Rs 5 lakh crore. It may be mentioned that the total market capitalization of BSE listed companies during last Wednesday's business session was Rs 309.22 lakh crore, which fell to Rs 303.68 lakh crore from Rs 5.54 lakh crore till the time of writing.

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