Indian Stock Market Plummets: Investors Lose Over Rs 27 Lakh Crore
In the past eight sessions, the Indian stock market suffered a significant downturn, losing over Rs 27 lakh crore. The decline, driven by foreign investor sell-offs and global uncertainties, left the BSE Sensex down by nearly 3%. Amidst various economic challenges, the market remains under pressure despite resilient large-cap stocks.
- Country:
- India
The Indian stock market has been on a downward trajectory, with investors losing in excess of Rs 27 lakh crore over the last eight trading sessions. Data from the BSE Sensex reveals that the total market capitalization was at Rs 42,80,361.66 crore on February 5, 2025. However, it plummeted to Rs 40,09,928.11 crore following continuous declines.
The BSE Sensex index itself has witnessed a near 3% fall in these sessions, largely attributed to persistent sell-offs by foreign investors. The global sentiment further deteriorated due to uncertainties surrounding former US President Donald Trump's economic policies. High stock valuations and concerns over trade added to market jitters.
Even after the announcement of the Union Budget, the market showed no signs of recovery. Experts point to several factors, including liquidity restrictions due to tapering, a slowdown in corporate earnings, and global trade uncertainties, as reasons for the current market correction. Realty was particularly hit hard amid speculations of interest rates remaining unchanged and weak industry figures. Still, large-cap stocks demonstrated resilience, offering some hope amid the broader market pressure.
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