The decline has persisted even in the most recent trading session, with the Sensex closing 1,470.50 points lower at 74,563.92 on Friday.
Sensex Falls 8.27% Amid West Asia Conflict, Rs 33.68 Lakh Crore Investor Loss
India’s stock markets have suffered significant losses as geopolitical tensions in West Asia continue to escalate. Investors’ holdings have decreased by 33.68 lakh crore rupees so far, reflecting growing concerns about global instability and potential energy supply disruptions.
The BSE Sensex has fallen sharply over the past two weeks, dropping 6,723 points, or around 8.27 percent, between February 27 and March 13. As a result, the total market capitalization of listed companies declined to 4,29,82,252 crore rupees, approximately 4.65 trillion dollars. The decline has persisted even in the most recent trading session, with the Sensex closing 1,470.50 points lower at 74,563.92 on Friday.
The current market turmoil is linked to the conflict that began on February 28, when the United States and Israel carried out attacks on Iran. Military exchanges have continued since then, and analysts warn that there are no clear signs of the situation easing.
According to Ponnamudi R., chief executive officer of online trading platform Enrich Money, the ongoing conflict and continuous threats from both sides are prompting investors to remain cautious and avoid riskier positions.
