MUMBAI: Investors lost Rs 8.22 lakh crore in a single day yesterday due to a sharp fall in the stock market. Stock markets are seen to fluctuate from time to time. Indian stock markets have been affected by the US government’s policy decisions, privatization and international market conditions. The Bombay Stock Exchange benchmark Sensex was at 59,710.48 points at the start of trading yesterday. The high rose to 59,778.37 points. However, it fell to a low of 58,011.92. At the close, the stock was down 1170.12 points at 58,465.89. Similarly, the wide-based National Stock Exchange index Nifty was down 348.25 points at 17,416.55.
Shares of the Bombay Stock Exchange fell by Rs 8,21,666.77 crore to Rs 2,60,98,530.22 crore from Rs 2,69,20,196.99 crore in the previous session. Shares of Bajaj, Reliance, NTPC, SBI and Titan fell as much as 5.74 per cent. Of the 30 stocks, 26 stocks fell in value. The corona curfew has been issued for the 4th time in Australia. Germany plans to issue a similar curfew. As the corona rises in European countries, investors are reluctant due to fears. Not only this, fears of rising inflation and rising international crude oil prices are also cited as the main reasons for the stock market crash.