Such a U-turn was seen after the initial surge in the stock market. Due to which investors appeared very worried. Where the Sensex broke over 1400 from the day’s high. On the other hand, the Nifty was seen trading around 449 points off its peak. According to experts, the Sensex saw a surge of over 800 points in the first 40 minutes of trading. The Nifty saw an increase of around 232 points. After which profit booking of investors started. According to experts, the rise in crude oil prices and the increase in Vicks in India also contributed a lot. Due to this, stock market investors have lost Rs 8.78 lakh crore from the day’s peak. Let us also tell you what kind of losses have occurred in the stock market.

A big fall in the stock market

The stock market was closed on Tuesday due to Dussehra. Sensex and Nifty were expected to rise in such a situation. There was a reason for that too. Jio’s IPO was launched in the stock market today. As expected by investors, the Sensex and Nifty saw gains in the first 40 minutes of trading. Whereas the Sensex saw an increase of 829 points to touch the day’s high of 74,682.19 points. At the same time, the Nifty also rose by 232 points to 23,120.90 points. But by 1.45 pm the stock market figures had completely changed. In just 245 minutes, the Sensex was seen down 1,400.41 points from the day’s peak at 73,281.78 points. While Nifty remained at the level of 22,672.25 points with a decrease of 448.65 points.

Shares of large companies fall

In fact, the stock market saw a decline in the shares of big companies. If we look at the data, shares of Bajaj Finance, Eicher Motors, Eternal have seen a decline of more than 3 percent on NSE. At the same time, shares of Shriram Finance and Nestlé India are down around 3 percent. On the other hand, shares of Bajaj Finance and Eternal are down by more than 3 percent on BSE. Shares of Maruti, Trent and Indigo are down by more than 2.50 percent.

Investors get Rs. 8.78 lakh crore has been lost

Stock market investors have suffered huge losses since the day’s peak. When the Sensex peaked at 74,682.19 points, BSE’s market cap was Rs. 4,68,30,040.07 crores. After that, when the Sensex touched the day’s low of 73,281.78 points, the BSE’s market cap was Rs. 4,59,51,902.24 crores. This means that the market cap of BSE has decreased by Rs 8,78,137.83 crore in 245 minutes. This is a loss for investors.