{"id":2965,"date":"2020-01-07T06:29:49","date_gmt":"2020-01-07T06:29:49","guid":{"rendered":"https:\/\/jobbinghood.com\/finance\/2020\/01\/07\/investors-become-poorer-by-over-rs-3-lakh-crore-in-two-days-of-market-fall\/"},"modified":"2020-01-07T06:29:49","modified_gmt":"2020-01-07T06:29:49","slug":"investors-become-poorer-by-over-rs-3-lakh-crore-in-two-days-of-market-fall","status":"publish","type":"post","link":"https:\/\/jobbinghood.com\/magazine\/2020\/01\/07\/investors-become-poorer-by-over-rs-3-lakh-crore-in-two-days-of-market-fall\/","title":{"rendered":"Investors become poorer by over Rs 3 lakh crore in two days of market fall"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"article-image\">\n<figure><img fetchpriority=\"high\" decoding=\"async\" class=\"lazy lazy-hidden size-full wp-image-1814657\" src=\"http:\/\/www.financialexpress.com\/wp-content\/plugins\/a3-lazy-load\/assets\/images\/lazy_placeholder.gif\" data-lazy-type=\"image\" data-src=\"https:\/\/images.financialexpress.com\/2020\/01\/1-132.jpg\" alt=\"At the BSE, 1,944 stocks declined, while 604 advanced and 181 remained unchanged.\" width=\"660\" height=\"440\" srcset=\"\" data-srcset=\"https:\/\/images.financialexpress.com\/2020\/01\/1-132.jpg 660w, https:\/\/images.financialexpress.com\/2020\/01\/1-132-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2020\/01\/1-132-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2020\/01\/1-132-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><noscript><img decoding=\"async\" class=\"size-full wp-image-1814657\" src=\"https:\/\/images.financialexpress.com\/2020\/01\/1-132.jpg\" alt=\"At the BSE, 1,944 stocks declined, while 604 advanced and 181 remained unchanged.\" width=\"660\" height=\"440\" srcset=\"https:\/\/images.financialexpress.com\/2020\/01\/1-132.jpg 660w, https:\/\/images.financialexpress.com\/2020\/01\/1-132-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2020\/01\/1-132-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2020\/01\/1-132-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><\/noscript><span class=\"article-caption\">At the BSE, 1,944 stocks declined, while 604 advanced and 181 remained unchanged.<\/span><\/figure>\n<\/div>\n<p>Investor wealth tumbled by a whopping Rs 3.36 lakh crore in two successive sessions of decline in the equity market following escalation in tensions in the Middle East.<\/p>\n<p>Equity markets fell for second consecutive session, with the 30-share key BSE index plummeting 787.98 points, or 1.90 per cent, to close at 40,676.63, on Monday. During the trade, it dropped 850.65 points to 40,613.96.<\/p>\n<p>The Sensex had ended 162.03 points, or 0.39 per cent, lower at 41,464.61 on Friday as well.<\/p>\n<p>Led by the weakness in equities in two consecutive trading sessions, the market capitalisation of BSE-listed companies plunged by Rs 3,36,559.82 crore to Rs 1,53,90,312.60 crore.<\/p>\n<p>\u201cIndian markets started the week on a negative note amid escalation of geopolitical tensions between the US and Iran. Rising crude oil prices and adverse rupee movement too impacted the sentiments,\u201d Religare Broking Ltd VP \u2013 Research Ajit Mishra said.<\/p>\n<p>\u201cAmongst the broader markets, BSE midcap and smallcap underperformed. All the sectoral indices witnessed heavy selling pressure and ended with losses wherein auto, banking and metals were the top losers,\u201d he added.<\/p>\n<p>US President Donald Trump on Sunday vowed \u201cmajor retaliation\u201d if Iran tries to avenge the killing of its key military commander Qasem Soleimani.<\/p>\n<p>Brent crude oil futures surged nearly 2 per cent to USD 69.81 on Monday, while the rupee depreciated 24 paise against the US dollar to 72.04 (intra-day).<\/p>\n<p>On the Sensex chart, <a target=\"_blank\" href=\"http:\/\/www.financialexpress.com\/market\/stock-market\/bajaj-finance-ltd-stock-price\/\" rel=\"noopener noreferrer\">Bajaj Finance<\/a> was the top loser, dropping 4.63 per cent, followed by <a target=\"_blank\" href=\"http:\/\/www.financialexpress.com\/market\/stock-market\/state-bank-of-india-stock-price\/\" rel=\"noopener noreferrer\">SBI<\/a>, <a target=\"_blank\" href=\"http:\/\/www.financialexpress.com\/market\/stock-market\/indusind-bank-ltd-stock-price\/\" rel=\"noopener noreferrer\">IndusInd Bank<\/a>, Maruti and HDFC.<\/p>\n<p>At the BSE, 1,944 stocks declined, while 604 advanced and 181 remained unchanged.<\/p>\n<p>The S&amp;P BSE Smallcap index closed 1.96 per cent lower, while the BSE Midcap index fell 2.31 per cent.<\/p>\n<div class=\"common-bottom-text\">\n<p>Get live <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/\" target=\"_blank\" rel=\"noopener noreferrer\">Stock Prices<\/a> from BSE and NSE and latest NAV, portfolio of <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mutual Funds<\/a>, calculate your tax by <a href=\"https:\/\/www.financialexpress.com\/income-tax-calculator\/\" target=\"_blank\" rel=\"noopener noreferrer\">Income Tax Calculator<\/a>, know market\u2019s <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-gainers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Gainers<\/a>, <a href=\"http:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-losers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Losers<\/a> &amp; <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/equity-funds\/\" target=\"_blank\" rel=\"noopener noreferrer\">Best Equity Funds<\/a>. Like us on <a href=\" https:\/\/www.facebook.com\/thefinancialexpress\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a> and follow us on <a href=\" https:\/\/twitter.com\/FinancialXpress\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>.<\/p>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/><\/p>\n<div class=\"jobbi-after-content-jh-placement jobbi-entity-placement\" id=\"jobbi-225425211\"><div id=\"jobbi-4068265501\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5862940809620110\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-5862940809620110\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>[ad_1] At the BSE, 1,944 stocks declined, while 604 advanced and 181 remained unchanged. Investor wealth tumbled by a whopping Rs 3.36 lakh crore in two successive sessions of decline in the equity market following escalation in tensions in the Middle East. Equity markets fell for second consecutive session, with the 30-share key BSE index [&hellip;]<\/p>\n","protected":false},"author":348,"featured_media":2966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/2965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=2965"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/2965\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/2966"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=2965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=2965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=2965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}