new Delhi. The Bombay Stock Exchange’s major index Sensex (Sensex) slipped 540 points to close at 40145.50 in the stock market due to profit-booking in the auto sector and a 4 per cent fall in Reliance shares. While the National Stock Exchange’s major index Nifty 50 (Nifty 50) also saw a fall of 162.60 points and closed at 11767.75 points. Due to this, the market cap of BSE or, say, investors lost more than Rs 2 lakh crore.
Also read: RIL and Tata shares fall due to pressure
Big drop seen in sectoral index
Except FMCG, all sectors closed down. BSE Auto closed down 599.37 points. Bank Exchange 348.12 and Bank Nifty closed down by 364.20 points. Consumer durables 350.32, BSE Healthcare 287.97, BSE Metals 295.28, Oil & Gas 231.10, BSE IT 149.03, BSE PSU 64.81, Tech 70.87 and Capital Goods lost 29.89 points. Is closed with. While the BSE FMCG closed at a flat level with 8.12 points.
Reliance lost Rs 56700 crore
Today, the shares of Reliance Industries have seen a big fall of over 4 per cent. Due to which the company has suffered a big loss. Today, Reliance shares closed at Rs 2028.70 with a loss of 4 per cent ie Rs 82.85. Whereas today the company’s stock also reached the lowest level of the day with Rs 2018.45. Today’s stock started at Rs 2101. While the company’s stock closed at Rs 2112.55 on Friday. Today’s decline has resulted in a big loss in the company’s market cap. During this period, the company has lost Rs 56,700 crore in market cap. The market cap of the company on Friday was Rs 14,28,514.26 crore, which has reduced to Rs 13,71,814.57 crore today.
There was a decline in the shares of these companies
Apart from Reliance, shares of big companies have been seen today. Hero Motors shares have fallen by 6.69 per cent. While shares of Bajaj Auto declined by 6.12 per cent. Hindalco shares closed down 5.35 per cent. Mahindra & Mahindra shares are down 4.69 and 4.39 per cent respectively.
Market investors lost more than Rs 2 lakh crore
On the other hand, the stock market investors have lost more than Rs 2 lakh crore today. Market investors’ losses are linked to BSE’s market cap. When the market closed on Friday, the market cap of BSE was Rs 1,60,59,417.40 crore, which has reduced to Rs 1,58,59,039.01 crore today. That is, there was a loss of Rs 2,00378.39 crore in today’s market cap.