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Investors Poorer by ₹13 Lakh Cr as Market Collapses
The New Indian Express Kottayam
|January 14, 2025
The ongoing downturn in the equity market intensified on Monday, erasing ₹14 lakh crore in investor wealth.
Hopes for a recovery were dashed as a weakening rupee and reduced likelihood of aggressive rate cuts by the US Federal Reserve weighed heavily on sentiment.
The BSE Sensex tumbled 1,128 points (1.4%) intraday to hit 76,250, while the NSE Nifty50 slumped 357.5 points (1.5%) to touch a low of 23,047. By the close, the Sensex had shed 1,049 points (1.36%) to settle at 76,330, and the Nifty ended down 345 points (1.47%) at 23,086. The benchmarks have now fallen by up to 12% from their all-time highs in September 2024.
Bu hikaye The New Indian Express Kottayam dergisinin January 14, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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