Stock Market Crash: On Monday, there was a sharp decline in the Indian stock market and the wealth of investors decreased by lakhs of crores of rupees in a few minutes. As soon as trading started, BSE Sensex fell by about 2,400 points to around 76,424, while Nifty 50 also fell by more than 700 points to around 23,750. The most shocking thing was that within just 10 minutes of market opening, the total market cap of BSE listed companies decreased by approximately ₹ 12.39 lakh crore. The total market value shrank to around ₹437 lakh crore. The biggest reasons behind this huge decline in the market are believed to be the increasing war in the Middle East and the sudden sharp rise in the prices of crude oil.
Stock Market Crash: Investors lost Rs 12 lakh crore in 10 minutes, these shares fell by more than 5% in sharp market selloff – Market
