Stock Market This Week: Sensex and Nifty remained in loss
During the week, the total value of assets in the market of investors has declined by more than Rs 5 lakh crore. By the end of the week, the total market value of all the companies listed on the BSE came down to Rs 270.28 lakh crore.
This week full of volatility, and the stock market has been at a loss. In the week ended October 14, the major index has seen a fall of more than half a percent. Investors have suffered a loss of more than Rs 5 lakh crore in the market this week. Due to better results, investors in the big stocks of the IT sector earned earnings. On the other hand, the realty index was the biggest loser. During the week, the loss of small stocks has been much higher than that of big stocks.
How was this week’s business
This week the Sensex closed with a fall of 0.46 percent. On the other hand, Nifty closed with a loss of 0.74 percent. The Sensex is currently below the level of 58 thousand. On the other hand, Nifty is below the level of 17200. The realty sector has suffered the most in the sector. The index has fallen 4.2 percent during the week. The media index has seen a decline of 3.6 percent. The energy sector is down 3% during the week. On the other hand, the Nifty IT sector has gained about one percent. Smallcap and midcap indices have closed down more than 2 percent during the week. The decline in large caps has been close to 1 percent.
Rs 5 lakh crore loss to investors
During the week, the total value of assets in the market of investors has declined by more than Rs 5 lakh crore. By the end of the week, the total market value of all the companies listed on the BSE came down to Rs 270.28 lakh crore. A week ago, this figure was up to the level of Rs 275.61 lakh crore. During this period, FIIs have sold equity worth about Rs 10,000 crore. Whereas domestic investors bought shares worth more than Rs 7 thousand crore.
Where did you earn
Amidst the fall in the market, investors have earned a lot in many stocks. During the week, Atul Auto closed with a gain of 30.4 percent, Gayatri Projects 22.12 percent, Jindal Drilling 18.8 percent, Garden Reach Shipbuilders 18.42 percent, and EKI Energy 17.07 percent. On the other hand, Ruby Mills closed with a decline of 20 percent, India Cements 16 percent, Suzlan Energy 12 percent, and Power Mach 12 percent, during this period.