Stock market crash: Investors lose 5 lakh crore in 15 minutes as Sensex falls 800 points. Here's why

15/04/2024

Stock market crash: People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.

Stock market crash: Indian benchmark equity indices fell today (April 15) starting the week on a lower note tracking losses in Asian markets. This comes as investor sentiment remained week after Iran’s retaliatory attack on Israel sparked fears of a wider regional conflict in the Middle East. Sensex traded 800 points or 0.86% lower at 73,468.70 while Nifty50 was at 22,330, down 190 points or 0.84%.

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Market capitalisation of all listed companies on BSE declined by ₹5 lakh crore to ₹394.68 lakh crore and Nifty PSU Bank, Realty, and Media opened with declines of over 2%. Nifty Auto, Financial, Metal, Pharma, and Oil & Gas opened with losses between 1-2%.

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