Why Market is Down Today: The Indian stock market (Stock Market Crash) witnessed a big reversal on Monday. On the First trading day of the week, investors suffered a major setback from massive losses. The Bombay Stock Exchange (BSE), Sensex and National Stock Exchange (NSE) lost more than Rs 8 lakh crore in just a few hours.
Contents
Sensex-Nifty suddenly crashed: Market is Down Today
The 30-share BSE Sensex, which started the day at 79,281.65, dropped sharply by 1,124 points by noon, reaching 78,090. Similarly, the Nifty opened higher at 24,045.80 but fell by 365 points to close at 23,639. This sudden crash surprised investors, making it one of the largest single-day declines in recent months.
Investors hard-earned money lost in one stroke:
The big drop in the stock market caused a huge loss in the BSE’s market value. On Friday, the market value was Rs 449.78 lakh crore, but by midday Monday, it fell to Rs 441.48 lakh crore. This means investors lost Rs 8.3 lakh crore in just a few hours.
Reasons Behind the Market Is Down Today:
The Indian Stock Market is Down Today, there are some factors:
- Foreign Investor Selling
- Rising Crude Oil Price
- HMPV Virus Concerns
There are many reasons behind the fall in the Indian stock market. These include selling by foreign investors to the rise in crude oil prices. But if reports are to be believed, the effect of the Chinese HMPV virus has been seen in the form of a fall in the market on Monday.
Also Check: AP SBTET Diploma Result 2025 Out at sbtet.ap.gov.in, Direct Link to Check Scorecard
It is being said that after the Indian Council of Medical Research (ICMR) confirmed the detection of two cases of the Chinese HMPV virus in a hospital in Bengaluru, investors started selling in panic and the market collapsed.
Big Fall in These Big Stocks
- Tata Steel: Down by 3.72%
- Kotak Bank: Declined by 3.34%
- Zomato: Fell by 2.88%
- IndusInd Bank: Dropped by 2.81%
- NTPC: Slipped by 2.69%
Other stocks included Power Grid, Asian Paints, ITC, HDFC Bank, Adani Ports, Axis Bank, and M&M, all of which declined by over 2%. Shares of SBI, Reliance, Maruti, and Nestle also saw losses exceeding 1%.