Report Frontline

stock market boom; Nifty-Sensex fell

Sarojini Bishi

New Delhi: A huge loss has been seen in the Indian stock market today. The financial depression in the US market and the situation of the Iran-Israel war have created a crisis in the world economy. This has also affected the Indian stock market. After the opening of the stock market on Monday, the market opened with a sharp decline in the Nifty and Sensex indices. Sensex is trading at 78588.19 point, down 2393.76 point and 2.96 percent. Similarly, Nifty decreased by 414.85 point and 1.68 percent and reached 24302.85 points. After the market opened at 9.15 in the morning, there was a heavy fall. Sensex fell by 2393 points while Nifty fell by 415 points. The Bombay Stock Exchange-listed company lost more than Rs 9 lakh crore in its market cap within minutes of the market opening. It means that during this time the investor has suffered a loss of more than 9 lakh crores.

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