Investors Lost over Rs 2,50,000 crore in Bombay Stock Exchange within 5 Days


Last five days trends of Bombay Stock Exchange are not good for Indian investors and they lost over Rs 250,000 crore in the last five trading days after the Bombay Stock Exchange (BSE) benchmark index plunged on concerns of the deepening financial crisis in Greece.

Out of 2,920 actively traded stocks, as many as 79% or 2,298 companies have seen a fall in their market price, while 18% or 531 stocks have risen during the last five sessions. The remaining 91 firms’ market price, however, remained unchanged.

The combined m-cap of seven Anil Dhirubhai Ambani (ADAG) group companies declined Rs 15,803 crore to Rs 115, 648 crore after unfavorable Supreme Court verdict on the RIL-RNRL gas price row.

According to Weekly Overview on Stock market, Business Standard says

The Sensex declined by 4.5% from 17,559 levels to 16,769 points at close of trade on Friday, taking the combined market capitalisation (m-cap) of the actively traded stocks on the BSE to Rs 6,016,990 crore on 7 May as against Rs 6,282,899 crore on 30 April. The S&P CNX Nifty skidded 5% or 260 points from 5,278 to 5,018 levels during the same period.

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Accounting Education: Investors Lost over Rs 2,50,000 crore in Bombay Stock Exchange within 5 Days
Investors Lost over Rs 2,50,000 crore in Bombay Stock Exchange within 5 Days
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Accounting Education
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