Stock market crash: The Indian stock market remained in the bear grip for the sixth consecutive session on Monday, January 12, on rising geopolitical risks, concerns over US tariffs, and relentless foreign capital outflow.
The Sensex crashed over 500 points, or more than 0.60%, to an intraday low of 83,043, while the Nifty 50 dropped to 25,529 during the session on Monday, falling 0.60%.
Over the six consecutive sessions, the Sensex has tanked over 2,700 points, or more than 3%, while the Nifty 50, too, has shed more than 3%.
Investors’ wealth has been eroded by more than ₹16 lakh crore in these six sessions, as the overall market capitalisation of BSE-listed firms dropped to nearly ₹465 lakh crore from over ₹481 lakh crore in January 2.
(This is a developing story. Please check back for fresh updates.)
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Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
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