Business · India Bureau
Indian stock market plunges as investors lose over ₹8.8 lakh crore
Indian equity markets tumbled throughout Monday's trading session, with the Sensex and Nifty declining from opening bell to close. The sharp selloff wiped out over ₹8.81 lakh crore in investor wealth.
LSN India ·
India's stock market experienced sustained weakness Monday, with benchmark indices extending losses throughout the trading day. The Sensex and Nifty both opened lower and failed to recover, closing well below opening levels in what proved a difficult session for equity investors.
The downward momentum began at the opening and intensified as trading progressed, signaling a lack of confidence among market participants. Analysts attributed the broad-based selloff to prevailing market concerns, though specific triggers remained under scrutiny among trading desks.
The decline resulted in substantial wealth erosion, with investor portfolios losing approximately ₹8.81 lakh crore in market capitalization. The breadth of the decline suggested weakness across multiple sectors rather than isolated weakness in specific stocks.
The Monday session underscored ongoing volatility in Indian equities and the sensitivity of domestic markets to shifting investor sentiment. Market participants will likely scrutinize Tuesday's opening for signs of stabilization or further downside pressure.