share market
The gains that the stock market had made in the month of July were lost in just two weeks in August. Yes, both Sensex and Nifty have seen a decline of over 3 per cent. If we talk about Tuesday, there was a drop of about 700 points in Sensex and over 200 points in Nifty. Where investors lost over Rs 17 lakh crore in the month of August.
On Tuesday alone, investors lost Rs 4.48 lakh crore. According to market experts, the stock market will not remain open for long this week. So profit booking may dominate. We also tell you what kind of numbers are expected on the stock market on August 13. How much loss have investors suffered during the entire month of August?
Sensex fell nearly 700 points
On Tuesday, the Bombay Stock Exchange’s main index Sensex witnessed a fall of around 700 points. According to BSE data, Sensex closed at 78,956.03 points with a drop of 692.89 points. During the trading session, Sensex also hit the lowest level of the day at 78,889.38 points. The Sensex had opened at 79,552.51 points in the morning and had closed at 79,648.92 points with a slight drop a day earlier.
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If we talk about the last two weeks, i.e. the month of August, the Sensex has seen a fall of 2,785.31 points i.e. 3.40 percent. What is special is that in the entire month of July, the Sensex has seen a rise of 3.42 percent. This means that in just two weeks of August, the Sensex has lost all the gains of July. According to experts, a further fall in the Sensex will occur in the coming days.
Nifty also boomed
On the other hand, the main index of the National Stock Exchange was also seen falling. According to the data, Nifty closed at 24,139 points with a drop of 208 points on Tuesday. While during the trading session, Nifty also hit the lowest level of the day at 24,116.50 points. In the morning, Nifty opened at a flat level at 24,342.35 points. While on Monday, Nifty closed at 24,347 points with a slight drop.
If we talk about the entire month of August, it has seen a huge fall in Nifty. According to the data, Nifty has seen a fall of 812.15 points i.e. 3.25 percent. Whereas in the month of July, Nifty had provided huge profits to investors. According to the data, it has seen a rise of 3.92 percent i.e. 940.55 points. This means that so far in the month of August, Nifty has lost more than 86 percent of the gains of July.
big loss for investors
On the other hand, investors have also suffered huge losses. If we talk about Tuesday, the market cap of BSE on Monday was Rs 4,49,82,830.86 crore. Which has come down to Rs 4,45,34,511.82 crore today. This means that the market cap of BSE i.e. investors suffered a loss of Rs 4,48,319.04 crore. If we talk about the month of August, investors have suffered a loss of more than Rs 17 lakh crore. Whereas in the month of July, investors made a profit of more than Rs 23 lakh crore.
