Stock Market: Big fall in stock market, Sensex and Nifty open on red mark, investors lost 13 lakh crores

The Indian stock market opened again on Thursday with a fall. This morning the 30-point Sensex opened at 53,320. Whereas the 50-point Nifty opened at the level of 15,956.45. On the other hand, the Indian rupee also declined by 23 paise. 

Stock Market Updates: Due to the continuous bad signals from the global market, the Indian stock market opened again today with a fall. On Thursday, May 12, the 30-point Sensex opened at 53,320.83. Whereas the 50-point Nifty opened at the level of 15,956.45. Many stocks have collapsed in early trading. In such a situation, there is only a possibility of a fall in the trading session of the day.

The banking sector has given good returns in some trading sessions, so the eyes of the investors will remain on this sector. On the other hand, the Indian rupee has also declined. The Indian rupee has declined by 23 paise to 77.46.

How was the condition of the market on Wednesday? 

Earlier on Wednesday, Sensex slipped 276.46 points to close at 54088.39 after day’s volatility, while Nifty lost 72.95 points to close at 16167.10. However, the shares of the banking sector were seen in good condition. In yesterday’s trading session, there were times when Nifty was on the surface of going below 16,000. But due to the banking sector, it saved its strong support level.

5 lakh crore swaha 

Let us tell you that in just 4 days in the stock market, 13 lakh crores of investors have drowned. On Wednesday, BSE listed companies lost Rs 5 lakh crore. Not only this, the capital of these companies has decreased by Rs 13,32,898.99 crore in just four trading sessions.