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Bloodbath on D-street: Investors lose Rs 13 lakh crore in last 2 days- Top reasons why market is falling

Times of India LogoTimes of India1d ago

Bloodbath on D-street: Investors lose Rs 13 lakh crore in last 2 days- Top reasons why market is falling - Times of India

Quick Summary:

The Indian stock market experienced a significant drop for the second consecutive day, with the Sensex plummeting over 984 points, marking its lowest point in four months.

This decline, fueled by soaring retail inflation and foreign fund withdrawals, wiped out Rs 13 lakh crore from investor wealth in just two sessions.

The NSE Nifty continued its downward trend for the fifth consecutive session, declining by 324.40 points or 1.36 per cent to 23,559.05.


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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 18:49:54 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1395 words

Reading Time: 8 minutes read

Sentences: 50 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23572575

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 20 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

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