There was an outcry in the market due to sharp selling in mid-small cap stocks, investors lost Rs 5 lakh crore.

Stock Market Crash: Due to sharp fall in mid-cap and small-cap stocks, investors are facing huge losses in the last trading session of the week. Due to profit booking and selling by foreign investors, BSE Sensex has slipped 800 points from its high and Nifty has slipped 250 points. Due to this selling in the stock market, investors have suffered a loss of more than Rs 5 lakh crore in today’s trading.

Banking-FMCG stocks put pressure

In the morning, the stock market opened with a rise, Sensex was trading with a rise of 270 points and Nifty with a rise of 70 points. But profit booking again returned in the market. The biggest decline is being seen in Banking, FMCG, Energy, Consumer Durables and Healthcare stocks due to which there is pressure on the market. Out of 30 Sensex stocks, 22 stocks are in decline while 8 stocks are trading with decline. Out of 50 stocks of NSE’s Nifty, 41 are trading with decline and 9 with rise.

rising and falling stocks

Due to excellent results in today’s trading, TCS stock is trading up by 4.40 percent, Tech Mahindra by 2.39 percent, Infosys by 1.11 percent, Bajaj Finserv by 0.62 percent, HCL Tech by 0.62 percent and Nestle by 0.25 percent. While NTPC is trading with a decline of 3.14 percent, IndusInd Bank by 2.44 percent, Mahindra & Mahindra by 2.10 percent, Power Grid by 2 percent, UltraTech Cement by 1.94 percent.

Why is the Indian market falling?

Despite the excellent quarterly results of TCS, the market sentiment is deteriorating. Donald Trump is to be sworn in on January 20, 2025. The market and investors seem nervous due to this. The Modi government is going to present the second budget of its third term on February 1, the next day after the Federal Reserve meeting on January 31. The GDP estimate for the current financial year has been reduced, hence there is pressure on the Finance Minister to give impetus to the economy. The historic fall in the rupee against the dollar is also a cause for concern, which had fallen to the level of 85.93 on Thursday.

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