{"id":78779,"date":"2025-02-28T07:03:06","date_gmt":"2025-02-28T07:03:06","guid":{"rendered":"https:\/\/alertindianews.in\/?p=78779"},"modified":"2025-02-28T07:03:06","modified_gmt":"2025-02-28T07:03:06","slug":"investors-become-poorer-by-rs-7-46-lakh-crore-as-markets-crash","status":"publish","type":"post","link":"https:\/\/alertindianews.in\/?p=78779","title":{"rendered":"Investors Become Poorer By Rs 7.46 Lakh Crore As Markets Crash"},"content":{"rendered":"

Investors’ wealth tumbled by Rs 7.46 lakh crore in morning trade on Friday, in-tandem with a sharp decline in the domestic equity market, with the benchmark Sensex plunging over 1,000 points<\/a> following a bearish trend in global equities.<\/p>\n

Fresh tariff threats that ignited global trade war fears and relentless foreign fund outflows dented investor sentiment.<\/p>\n

The 30-share BSE benchmark gauge tumbled 1,032.99 points or 1.38 per cent to 73,579.44 during morning trade.<\/p>\n

Following the sharp decline in equities, the market capitalisation of BSE-listed firms eroded by Rs 7,46,647.62 crore to Rs 3,85,63,562.91 crore (USD 4.42 trillion) in morning trade.<\/p>\n

From the Sensex pack, Tech Mahindra, IndusInd Bank, Maruti, HCL Tech, Tata Consultancy Services, Infosys, Mahindra & Mahindra and Titan were the biggest laggards.<\/p>\n

Axis Bank, HDFC Bank, Reliance Industries and Adani Ports were the gainers from the pack.<\/p>\n

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading with deep cuts.<\/p>\n

“The US market fell, closing at a five-month low, while US Treasury yields rose following President Donald Trump’s new tariff threats,” Vikas Jain, Head of Research at Reliance Securities, said.<\/p>\n

US markets ended sharply lower on Thursday.<\/p>\n

According to V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, stock markets dislike uncertainty, and uncertainty has been on the rise ever since Trump was elected the US president.<\/p>\n

“The spate of tariff announcements by Trump has been impacting markets and the latest announcement of additional 10 per cent tariff on China is a confirmation of the market view that Trump will use the initial months of his presidency to threaten countries with tariffs and then negotiate for a settlement favourable to the US.<\/p>\n

“How China responds to the latest round of tariffs remains to be seen,” Vijayakumar said.<\/p>\n

Foreign institutional investors (FIIs) offloaded equities worth Rs 556.56 crore on Thursday, according to exchange data.<\/p>\n

Global oil benchmark Brent crude dipped 0.51 per cent to USD 73.66 a barrel.\u00a0<\/p>\n

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)<\/i><\/p>\n

\u200bSensex tumbled 1,032.99 points or 1.38 per cent to 73,579.44 during morning trade amid Donald Trump’s new tariff threats.\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

Investors’ wealth tumbled by Rs 7.46 lakh crore in morning trade on Friday, in-tandem with a sharp decline<\/p>\n","protected":false},"author":0,"featured_media":78780,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-78779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/02\/l7vqb7oo_markets_625x300_28_February_25-qrMxK7.jpeg",1200,738,false],"thumbnail":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/02\/l7vqb7oo_markets_625x300_28_February_25-qrMxK7-150x150.jpeg",150,150,true],"medium":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/02\/l7vqb7oo_markets_625x300_28_February_25-qrMxK7-300x185.jpeg",300,185,true],"medium_large":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/02\/l7vqb7oo_markets_625x300_28_February_25-qrMxK7-768x472.jpeg",640,393,true],"large":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/02\/l7vqb7oo_markets_625x300_28_February_25-qrMxK7-1024x630.jpeg",640,394,true],"1536x1536":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/02\/l7vqb7oo_markets_625x300_28_February_25-qrMxK7.jpeg",1200,738,false],"2048x2048":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/02\/l7vqb7oo_markets_625x300_28_February_25-qrMxK7.jpeg",1200,738,false],"morenews-large":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/02\/l7vqb7oo_markets_625x300_28_February_25-qrMxK7-825x575.jpeg",825,575,true],"morenews-medium":["https:\/\/alertindianews.in\/wp-content\/uploads\/2025\/02\/l7vqb7oo_markets_625x300_28_February_25-qrMxK7-590x410.jpeg",590,410,true]},"author_info":{"display_name":"","author_link":"https:\/\/alertindianews.in\/?author=0"},"category_info":"Uncategorized<\/a>","tag_info":"Uncategorized","comment_count":"0","_links":{"self":[{"href":"https:\/\/alertindianews.in\/index.php?rest_route=\/wp\/v2\/posts\/78779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alertindianews.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alertindianews.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/alertindianews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78779"}],"version-history":[{"count":0,"href":"https:\/\/alertindianews.in\/index.php?rest_route=\/wp\/v2\/posts\/78779\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alertindianews.in\/index.php?rest_route=\/wp\/v2\/media\/78780"}],"wp:attachment":[{"href":"https:\/\/alertindianews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alertindianews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alertindianews.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}