Indian markets fall sharply, ₹15 lakh crore wiped out
pre-market1 source ↓written by the desknot a recommendation
- to close
- 2.5%
- to close
- 22,512 points
- falling
- 2.3%
- 72,696 points
- in investor wealth
- ₹15 lakh crore
The Indian stock market opened the week on a bearish note, with Nifty 50 down 2.5% to close at 22,512 points and BSE Sensex falling 2.3% to 72,696 points. This decline wiped out approximately ₹15 lakh crore in investor wealth amid escalating tensions from the Iran-US war, raising global energy concerns.
• India Vix surged 17.8% during trading, indicating increased market volatility.
• BSE market capitalization dropped to ₹414 lakh crore, down from ₹429 lakh crore on Friday.
Traders should brace for continued volatility as geopolitical tensions persist.
Not investment advice. For informational purposes only.