Stock market closed with heavy fall due to tsunami of decline in smallcap stocks, market value reduced by Rs 7.60 lakh crore.

Stock Market Closing On 12 February 2024: The first trading session of this week was very disappointing for the investors of the Indian stock market. Today's session has proved to be Black Monday for mid cap and small cap stocks. Heavy selling has also been seen in banking stocks in today's business. At the end of trading, BSE Sensex fell by 523 points and closed at 71,072 points, while National Stock Exchange's Nifty closed at 21,616 points with a fall of 166 points.

condition of the sector

Tsunami has been seen in mid cap and small cap stocks in today's trade. Nifty Mid Cap Index closed with a fall of 1213 points and Nifty Small Cap Index closed with a fall of 652 points. Whereas BSE Mid Cap closed with a fall of 1038 points and BSE Small Cap closed with a fall of 1443 points.

Market cap reduced by Rs 8 lakh crore

Due to this decline in the stock market, there has been a big dent in the market value of the companies listed in the market. At the end of trading today, the market cap of companies listed on BSE has declined to Rs 378.85 lakh crore, which was Rs 386.43 lakh crore in the last trading session. There has been a decline of Rs 7.58 lakh crore in the market value of the market in today's trade.

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