The stock market has witnessed its fourth major decline of the year today, i.e. on October 3. The Sensex closed at 82,497 with a fall of 1,769 points (2.10%). Nifty also fell by 546 points (2.12%), closing at 25,250. Due to the sell-off in the stock market, the wealth of investors decreased by Rs 10.7 lakh crore. On Thursday, October 3, the overall market cap of companies listed on BSE was Rs 465 lakh crore. On October 1, it was around Rs 475 lakh crore. Today, the wealth of investors decreased by ? 10.7 lakh crore. On October 1, the market cap of BSE was 4,65,25,538. Today, there was a big decline in auto, energy, finance and banking shares. Shares of BPCL, Shriram Finance and LT saw a decline of more than 4%. These were the top losers of Nifty. On the other hand, JSW Steel’s stock was the top Nifty gainer with a gain of 1.33%. 3 reasons for the fall in the market Mixed trading in Asian markets Garuda Construction and Engineering’s IPO will open on 8 October
Garuda Construction and Engineering Limited’s Initial Public Offer i.e. IPO will open on 8 October. Investors will be able to bid for this issue till 10 October. The company’s shares will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on 15 October. Read full news There was a fall in the market on Tuesday
Earlier on Tuesday i.e. 1 October, the Sensex closed at 84,266 with a fall of 33 points. At the same time, Nifty also fell by 15 points, it closed at 25,796. At the same time, the market was closed on Gandhi Jayanti on 2 October.
