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Smallcap index sheds more than 13% in January
The New Indian Express Vijayawada
|January 28, 2025
Indices decline over 1% on weak global cues, uncertainty surrounding US trade policy
The equity market began the crucial budget week with significant declines and heightened volatility. The benchmark indices, BSE Sensex and NSE Nifty, dropped over 1% each, while broader indices plunged as much as 4%, raising widespread concerns among investors.
At close, the Sensex was down 824.29 points or 1.08% at 75,366.17, and the Nifty fell 263.05 points or 1.14% to settle at 22,829.15. The NIFTY Midcap 100 index fell 2.75% and the smallcap index cracked nearly 4%.
Owing to Monday's fall, investors lost nearly ₹10 lakh crore in a single session as the overall market capitalization (m-cap) of BSE listed firms came down to ₹411 lakh crore from ₹421 lakh crore in the previous session.
The volatility index, INDIA VIX, rose by 8.28% settling at 18.13, signaling increased market volatility.
Diese Geschichte stammt aus der January 28, 2025-Ausgabe von The New Indian Express Vijayawada.
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