Winning Bizness Desk
Mumbai. There was a crash in the stock market for the third consecutive day on October 11. Selling in the markets was also on rise with signs of deepening recession across the world. The effect of this selling was that almost 4 lakh crore rupees of investors were drowned in the market. At the same time, investors suffered heavy losses in many big stocks. In trading, the Sensex fell by 844 points at the level of 57147 and the Nifty closed at the level of 16984 with a fall of 257 points. Almost all sector indices closed with losses.
Realty sector suffered the most
With Tuesday's fall, the total market value of all the companies listed on the BSE came down by Rs 4.3 lakh crore to Rs 270 lakh crore. The realty sector suffered the most. The index broke more than 3 percent. At the same time, the index of companies in the metal and media sector was broken by 2-2 percent. At the same time, the IT sector closed down by about 2 percent. At the same time, all the big and small stocks have been beaten almost equally. On the other hand, the volatility index showing investors' fear closed down by more than 4 percent.
Investors earned in 1037 stocks out of 3563 stocks
Investors earned 1037 stocks out of 3563 stocks traded on BSE on Tuesday. At the same time, investors' money was sunk in 2408 stocks. 43 stocks reached year's lows in trading. In the stocks included in Nifty, except 3, all others suffered losses. Divi's Lab closed down 5.05 percent, JSW Steel 3.84 percent, IndusInd Bank 3.76 percent, Eicher Motors 3.5 percent and Nestle 3.11 percent. Among the heavyweights, Infosys closed down 2.65 percent, Reliance Industries 2.02 percent and TCS 1.67 percent.